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In international trading, the precious metal lost $35 per ounce to settle around $4,115, extending a week-long slide triggered by shifting expectations over US monetary policy....
Globally, bullion traded close to all-time highs as investors awaited key US inflation data and speeches from Federal Reserve officials later this week....
US Strategic Metals has signed a $500 million investment deal with Pakistan to develop its mineral sector, focusing on critical minerals. This agreement, along with another with Mota-Engil Group, aims to boost mineral processing and large-scale mining projects in Pakistan. The US embassy hailed the deal as a sign of strengthened US-Pakistan relations....
The US designation of the Baloch Liberation Army as a terrorist group strengthens Pakistan's stance against Baloch activists and potentially opens doors for American mining companies to access Balochistan's rare earth deposits. Improved US-Pakistan relations, especially under Trump 2.0, have involved discussions on these mineral opportunities....
Gold rate today: Gold futures plummeted by Rs 2,224 on MCX, influenced by easing India-Pakistan tensions and optimism in US-China trade talks. Silver futures also declined, mirroring the previous week's volatility driven by geopolitical events and Bank of England's policy decisions....
Gold prices in India surged past Rs 1 lakh per 10 grams, fueled by escalating India-Pakistan tensions following reported missile strikes on terrorist targets. The surge prompted investors to seek safe-haven assets. Silver prices also rose, while international spot gold declined due to easing global geopolitical concerns amid US-China trade talks....
Gold prices in Pakistan have reached a new all-time high following a $15 increase in the international bullion market, which pushed the price to $2,778 per ounce...
Pakistan's deal with Saudi Arabia for the sale of a stake in the copper and gold mining project controlled by Barrick Gold Corp. is still in the process of negotiating key details, including where the minerals will be processed....
Zitat des Tages: Der Mensch ward zum Tun und nicht zum Vernünfteln erschaffen. Aber eben deswegen, weil er nicht dazu erschaffen ward, hängt er diesem mehr als jenem nach. - Gotthold Ephraim Lessing