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Gold prices rise in Pakistan amid global market surge
Gold prices rise in Pakistan amid global market surge

Express Tribune

time24-05-2025

  • Business
  • Express Tribune

Gold prices rise in Pakistan amid global market surge

Gold prices in Pakistan increased on Saturday in line with an upward trend in the international market. In the local market, the price of gold per tola rose to Rs354,100, reflecting a gain of Rs3,100 during the day. Similarly, the price of 10-gram gold increased by Rs2,658, reaching Rs303,583, according to data shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). This local surge followed a strong recovery in the global bullion market on Friday, where international gold prices experienced a sharp rise, surpassing $3,300 per ounce once again, according to traders. The global market regained substantial ground, with gold prices rising by $35 to settle at $3,326 per ounce. This increase led to a corresponding hike in local gold rates by Rs3,500 per tola and Rs3,000 per 10 grams. As a result, the value of gold in Pakistan climbed to Rs351,000 per tola and Rs300,925 per 10 grams, as reported by the All Pakistan Sarafa Gems and Jewellers Association.

Police seize over RM158,000 in drugs, arrest 2 men
Police seize over RM158,000 in drugs, arrest 2 men

New Straits Times

time14-05-2025

  • New Straits Times

Police seize over RM158,000 in drugs, arrest 2 men

BUKIT MERTAJAM: Police have dismantled a drug distribution syndicate by seizing 51,180g of cannabis, valued at RM158,658, along with two local men in Perai last Saturday. Seberang Prai Tengah police chief Assistant Commissioner Helmi Aris said that, acting on information and intelligence, a team from the Bukit Aman Narcotics Crime Investigation Department (JSJN) apprehended a car carrying two men, aged 45 and 59. "Upon inspecting the vehicle, police found 50 packets of compressed plastic wrap containing dry leaves suspected to be cannabis, weighing 51,180g, with a street value of RM158,658. "This amount is sufficient for 102,360 drug users," he said in a statement this evening. Helmi said that urine tests found both suspects negative for drugs but each had a criminal record related to drugs and crime. He also said that the police seized two cars worth RM81,000 believed to have been purchased from the proceeds of drug sales. "Both men will be remanded for seven days, until May 17, to assist investigations and the case is being investigated under Section 39B of the Dangerous Drugs Act 1952. – BERNAMA

Police Detain Two Men With Drugs Worth RM158,658
Police Detain Two Men With Drugs Worth RM158,658

Barnama

time14-05-2025

  • Barnama

Police Detain Two Men With Drugs Worth RM158,658

BUKIT MERTAJAM, May 14 (Bernama) -- The police dismantled a drug distribution syndicate by seizing 51,180 grams (g) of cannabis worth RM158,658 along with two local men in Perai here last Saturday. The District Police Chief of Seberang Perai Tengah (SPT) ACP Helmi Aris stated that acting on information and intelligence, a team from the Bukit Aman Narcotics Crime Investigation Department (JSJN) detained a car carrying two men aged 45 and 59." Upon inspection of the vehicle, 50 packets of compressed plastic wrap containing dry leaves suspected to be cannabis weighing 51,180 g with a value of RM158,658 were found, sufficient for 102,360 drug addicts," he said in a statement tonight.

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