Tag: Gold rate

  • Gold prices go up by Rs350 per tola to Rs130,300

    Gold prices go up by Rs350 per tola to Rs130,300

    The price of gold in the local market soared by Rs350 per tola (11.7 gramme) on April 13. All Pakistan Jewellers Manufacturers Association stated that the precious yellow metal is currently trading at Rs130,300 per tola.

    Accordingly, the cost of 10 gramme of gold jumped by Rs300 to Rs111,711. Silver prices in the local market as of April 13, remained constant at Rs1,520 and Rs1,303.15.

    Gold prices touched a one-month high in the international market as surging consumer costs bolstered its desirability as an inflation hedge, while investors seemed to ignore the Federal Reserve’s imminent interest rate hike and a healthier dollar.

    By 12:40 pm. ET (1640 GMT), spot gold had risen 0.6 per cent to $1,978.81 per ounce, after reaching its highest level since March 14 at $1,979.95. Gold futures in the United States (US) increased 0.3 per cent to $1,982.6.

    Read more: Car sales up by 53.7 per cent in 2022, despite repeated price hikes

    Bullion prices surged $22 per ounce on the global market, settling at $1,977 per ounce. When compared to the Dubai market, gold prices in Pakistan are approximately Rs5,000 cheaper.

  • Brad Pitt sues Angelina Jolie for selling her shares without his consent

    Brad Pitt sues Angelina Jolie for selling her shares without his consent

    Brad Pitt is suing ex-wife Angelina Jolie, accusing her of illegally selling off her share of their French estate, Château Miraval.

    Pitt alleges they had agreed that neither of them would sell their share of the Chateau where they married in 2014 and its profitable vineyard without agreement from the other party.

    It is reported that Jolie sold off the venue to Russian businessman Yuri Shelfer despite “Pitt’s passion” for the property.

    The court documents, filed in Los Angeles Superior Court, state, “Jolie consummated the purported sale without Pitt’s knowledge, denying Pitt the consent right she owed him and the right of first refusal her business entity owed his.”

    “She sold her interest with the knowledge and intention that Shefler and his affiliates would seek to control the business to which Pitt had devoted himself and to undermine Pitt’s investment in Miraval.”

    Jolie, 46, and Pitt, 58, bought the estate in 2008 for $28.4 million.

  • Atif Aslam, Aima Baig to sing PSL Seven’s anthem

    Atif Aslam, Aima Baig to sing PSL Seven’s anthem

    Famed pop-singers Atif Aslam and Aima Baig will be singing this year’s Pakistan Super League (PSL) anthem which has been produced and composed by budding artist Abdullah Siddiqui. The anthem will be released during an event next week.

     It is pertinent to mention that it will be the first time that Atif will be singing the PSL’s main song, while Aima already featured in last year’s “Groove Mera”.

    As per Abdullah, “the song’s premise is encouraging and motivational, with words and music intended at elevating the spirits of fans.”

    Atif is one of the most popular Pakistani singers, who has recorded numerous chart-topping songs for local as well as the international film industry. In 2008, the singer was awarded the Tamgha-e-Imtiaz from the Government of Pakistan, while also receiving over 50 different awards from within and outside Pakistan.

    Meanwhile, Baig is one of the most popular female singers in the country and she has a number of hits released over the years. Baig has won several awards both locally and Internationally.

    Speaking about the event, Abdullah said: “Getting to produce this anthem is a dream for any musician, and I’m very honoured and thankful to the PCB for the opportunity this year.”

    “Both Atif Aslam and Aima Baig are undeniably the best and working with them has been a privilege. I’m very excited for fans to hear what we have come up with,” he added. 

    The producer further said: “We have tried to produce a song that captures the spirit of the game in a meaningful way, while still being very fun and catchy.”