Gold, silver hit new record high

According to Sindh Sarafa Association president Haji Haroon Chand, 10-gram gold price increased to Rs 40,542, up by Rs 342, while gold’s per tola price increased by Rs 400 to close at Rs 37,300.

Silver price reached Rs 14,070 per tola on Wednesday. This is the highest price of gold and silver in history.

Abdullah Hussain Haroon decides to quit ambassadorship

Pakistans permanent ambassador to UN Abdullah Hussain Haroon has decided to quit ambassadorship and return to Pakistan.
In the honour of Abdullah Hussain Haroon, a farewell gathering was also organised in New York. Six years earlier, Abdullah Hussain Haroon was given an extension of one year. Now he has decided to return to Pakistan and he will reach here in two to three days. Hussain Haroon says that he will stay in his country and help the nation.

Lorgat praises PCB’s anti-corruption steps

Staff Report

MUMBAI: ICC CEO Haroon Lorgat, praising Pakistan Cricket Board’s (PCB) recent measures, said that guidelines set by the cricket world governing body are being implemented.

In an interview on a foreign website today, Lorgat said that PCB has promised no leniency to players proved guilty of corruption.

“The PCB has showed that it is serious in removing corruption,” he said.

On Friday, the PCB constituted a seven-member committee to remove corruption from the game in line with guidelines set by ICC. SAMAA

Gold price gains by Rs 450 per tola

Gold price witnessed bearish trend in local and international markets on Wednesday.
Gold prices increased to Rs 39,200 per tola, up by Rs 450 whereas the price of 10 grams increased to Rs 33,600, up by Rs 386.
In the international market, gold price increased to $1236 per ounce, up by $18.5.According to Sindh Sarafa Association president Haji Haroon Chand, increase in international gold prices caused increase in local gold prices.

ANP-Hazarewal feud led to Karachi killings: Haroon

KARACHI: Muttahida Qaumi Movement (MQM) leader and Sindh Minister for Information Technology Raza Haroon Thursday said the Karachi incidents appear to be a result of dispute between Awami National Party (ANP) and the activists of Hazara movement.

Talking to Geo News here at Karachi Press Club, the MQM leader urged both sides to observe restrain.

He said his party adopted a stand that ‘Hazarewal are also the party in the fresh target killing incidents of Karachi’ and therefore they should also participate in the co-coordination committee’s meeting of Sindh’s coalition parties.

Raza Haroon stressed that all the issues should be resolved at the table and not through violence.

MQM boycotts meeting at CM House

KARACHI: Muttahida Qaumi Movement (MQM) Leader Raza Haroon has said that his party will not participate in the meeting convened by the Chief Minister Sindh here at CM House.

SBP accepts bids of Rs 145.65 bln in OMO

Full Story And Original Content. TrendPK.com KARACHI: State Bank on Saturday accepted bids of Rs 145.65 billion during its Reverse Repo Open Market Operation (Injection) in Government of Pakistan Market Treasury Bills and Pakistan Investment Bonds. The bids offered for 10-Days (Injection) amounted Rs 150.15 billion. The rate is 12.20 percent, said SBP statement here.

Full Story And Original Content. TrendPK.com KARACHI: State Bank on Saturday accepted bids of Rs 145.65 billion during its Reverse Repo Open Market Operation (Injection) in Government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.
The bids offered for 10-Days (Injection) amounted Rs 150.15 billion. The rate is 12.20 percent, said SBP statement here.

FBR transfers raise eyebrows in trade circles

Full Story And Original Content. TrendPK.com KARACHI: The representatives of Federation of Pakistan Chamber of Commerce and Industry and the trade circles of the country have expressed their reservations on the transfers of officers in Federal Board of Revenue. Sultan Chawla, chairman of FPCCI and prominent businessmen have expressed reservations on the decision and strongly condemned the transfers

Full Story And Original Content. TrendPK.com KARACHI: The representatives of Federation of Pakistan Chamber of Commerce and Industry and the trade circles of the country have expressed their reservations on the transfers of officers in Federal Board of Revenue.
Sultan Chawla, chairman of FPCCI and prominent businessmen have expressed reservations on the decision and strongly condemned the transfers [...]

Gold hits record at Rs31,885/ 10g

Full Story And Original Content. TrendPK.com KARACHI: The price of 10 grams of yellow metal hit record level at Rs31,885 this week, showing a steep rise of Rs1,585.

Full Story And Original Content. TrendPK.com KARACHI: The price of 10 grams of yellow metal hit record level at Rs31,885 this week, showing a steep rise of Rs1,585.
President All Sindh Saraf Jewelers Association Haroon Rasheed Chand said the increasing international rate of gold has pushed the commodity’s price to a record level in the local markets.
The price [...]