Tag: Karachi blast

  • Woman among suspects arrested for Karachi blast

    Woman among suspects arrested for Karachi blast

    Several individuals, including a woman, have been taken into custody on suspicion of being involved in the blast near the International Airport Jinnah Terminal in Karachi that targeted Chinese nationals and left two of them dead.

    Investigation revealed that six to eight phone numbers were found to be suspicious in a geofencing process, leading to detailed checking, sources told Geo News.

    The terrorist was provided assistance from a nearby building, and the investigation team decided to include in the probe those who were aware of the Chinese engineers’ visit to Pakistan.

    The blast targeted a Chinese convoy on Sunday near Karachi airport. It was later claimed by the banned terrorist outfit Baluchistan Liberation Army’s Majeed brigade.

    The blast claimed three lives, including two Chinese, and left 17 injured.

    According to a bomb disposal unit report, the blast was triggered with the help of a remote control device installed in a car and approximately 70 to 80 kg of explosive material was utilised.

  • Gold price in Pakistan increases to Rs218,600 per tola

    Gold price in Pakistan increases to Rs218,600 per tola

    Gold prices in Pakistan experienced a marginal uptick on Friday, with the value of 24-karat gold climbing by Rs300 per tola, concluding the session at Rs218,600.

    According to the Karachi Sarafa Association, the closing rate for 10-gramme 24-karat gold in today’s session reached Rs187,414, marking an increase of Rs257.

    Simultaneously, the price of 10-gramme 22-karat gold reached Rs171,796, reflecting a rise of Rs235.

    In the domestic market, silver prices also saw an upward trend, with 24-karat silver and 10-gramme 24-karat silver settling at Rs2,670 and Rs2,289.09, respectively.

    It is noteworthy that the domestic bullion market displayed a robust recovery in the previous session after enduring five consecutive losses, resulting in a cumulative loss of Rs6,300 for 24-karat gold.

    This surge was attributed to a rally in international markets, which persisted today, contributing to gains in the domestic market.

    As of the latest update, international spot gold is trading at $2,041.17, reflecting a 0.26 per cent increase for the day.

    The ongoing upward trajectory in international gold prices is influenced by the recent statement from the US Federal Reserve, which indicates a cumulative rate cut of 75 basis points in 2024.