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Time of India
4 hours ago
- Business
- Time of India
Gold, silver touch all-time high in domestic market
1 2 3 Nagpur: Gold and silver prices have reached all-time highs in the domestic market, with the precious yellow metal trading at Rs1,09,000 per tola (10 grams) and silver at Rs1,16,700 per kg. Internationally, gold remains below its 2022 peak of $3,500 an ounce, but a weaker rupee has pushed prices to record levels in India. Silver is just over a dollar shy of its 12-year high of nearly $50 an ounce, with international rates above $48 on Wednesday. Traders attribute the surge in precious metals prices to increased Indian imports ahead of the festive season, coupled with uncertainty over US trade policies and Federal Reserve's rate decisions. In times of economic uncertainty, funds typically flow into gold as a safe-haven asset, with de-dollarization also playing a significant role, they said. Rajesh Rokde, president of Gems and Jewellery (Domestic) Council (GJC), noted that gold prices stood at $3,500 in 2022. On Wednesday, prices hovered around $3,430, dropping to approximately $3,300 as US markets opened on Wednesday and it was night in India. Despite current gold prices being about $200 below the peak, the weaker rupee has kept domestic gold rates elevated. Even in the US, prices are roughly $200 higher per ounce than they were a month ago.
Business Recorder
12 hours ago
- Business
- Business Recorder
Gold price per tola gains Rs3,700 in Pakistan
Gold prices in Pakistan increased on Wednesday in line with their gain in the international market. In the local market, gold price per tola reached Rs364,900 after a gain of Rs3,700 during the day. As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs312,842 after it accumulated Rs3,171. On Tuesday, gold price per tola remained stable at Rs361,200. The international rate of gold also saw an increase today. The rate was at $3,424 per ounce (with a premium of $20), a gain of $37, as per APGJSA. Meanwhile, silver price per tola increased by Rs46 to reach Rs4,081.
Gulf Today
13 hours ago
- Business
- Gulf Today
Court obliges employee to pay Dhs37,000 as delayed rent
The Abu Dhabi Family, Civil, and Administrative Cases Court ordered an employee to pay Dhs37,700 and vacate the accommodation provided by his former employer. The employee had failed to pay rent for a year and refused to leave the accommodation even after his job was terminated and the legal 30-day notice period had expired. The case dates back to the time when a company filed a lawsuit against a former employee, demanding the termination of the lease agreement, eviction of the employee, return of the accommodation, and payment of the outstanding rent of Dhs37,700, along with fees and expenses of the lawsuit. The company stated that the employee was provided with accommodation at an annual rent of Dhs37,700 but he failed to pay the rent for an entire year and after he was terminated, he was officially notified to vacate the premises but did not comply. In its ruling, the court noted that the company had allocated the accommodation to the employee through its housing committee. The court added that it was established that the labour contract between the company and the employee had ended. Given the employee's failure to appear in court to present his defence and his non-payment of the outstanding amount, the court ordered him to pay Dhs37,700.
New Straits Times
17 hours ago
- New Straits Times
Spa in mall busted for offering sex services, gambling
KUALA LUMPUR: A spa operating in a shopping mall along Jalan Loke Yew here had been masquerading as a legitimate business under a licensed wellness centre while secretly offering sex services and organising gambling activities. The outlet, which began operations earlier this month, was exposed in a raid at 3.15am yesterday by the Federal anti-vice, gambling and secret societies division (D7) and Cheras district police. Acting Kuala Lumpur police chief Datuk Mohamed Usuf Jan Mohamad said 54 individuals between the ages of 19 and 54, were detained during the operation. Those arrested comprised five local men, four local women, seven Chinese nationals, three Bangladeshi men, six Myanmar men, as well as 29 foreign women, including 19 from China and 10 from Myanmar. Usuf said the foreign women were employed as guest relations officers (GROs) and allegedly offered sexual services at RM1,700 per session. "Among those arrested was a local woman who organised the gambling sessions while four Chinese nationals and three locals were caught in the act of gambling," he said in a statement today. Police also seized various promotional materials for massages and spa services, business receipts, condoms, mobile phones, lubricants and gambling paraphernalia. "The main business is the spa. However, the gambling activities were arranged for the owner's business associates and not meant for the public," he added. Usuf said the outlet only accepted walk-in customers for massages or sexual services. All those detained, along with the seized items, were taken to the Cheras district police headquarters for further action.
Emirates Woman
a day ago
- Entertainment
- Emirates Woman
8 colours we're loving this summer
The spring/summer 2025 runways painted a vivid picture of the season's mood through an unexpectedly soothing yet vibrant colour palette. Gone are the harsh neons of seasons past – 2025 welcomes a sophisticated spectrum of wearable hues that range from creamy neutrals to zesty brights. Here are the seven key colours that will define summer 2025 fashion, each bringing its own unique charm to your seasonal wardrobe. Butter Yellow 1/3 Jacquemus La Robe Vela Flounce Maxi Dress, Dhs5,887 This pale, creamy yellow has emerged as the season's most versatile neutral, replacing traditional beige in designers' collections. Seen everywhere from Chanel's elegant suits to Zimmermann's flowing dresses, butter yellow works equally well for daytime tailoring and evening gowns. Its soft golden undertones make it flattering across skin tones, while its neutral quality allows for easy pairing with everything from white denim to chocolate brown separates. Mocha Mousse 1/3 Prada Triangle-logo cropped jacket, Dhs8,700 Pantone's Color of the Year for 2025 makes a strong case for brown as the new black. Designers like Max Mara and Prada showcased the depth and sophistication of chocolate brown in luxurious linen dresses, tailored coats, and buttery leather accessories. This shade brings warmth to summer dressing while maintaining an urban edge, perfect for everything from office wear to weekend outfits when paired with lighter neutrals or bright citrus tones. Ballet Pink 1/3 Bottega Veneta Andiamo intrecciato leather tote, Dhs21,250 Moving away from the bold pinks of previous seasons, 2025 introduces a more delicate, romantic pink reminiscent of ballet slippers and rose petals. Alaïa and Miu Miu demonstrated how this whisper-soft hue can look modern and sophisticated rather than saccharine. The key is in its subtle blue undertones that keep it from feeling too sweet, making it ideal for everything from tailored suiting to ethereal eveningwear. Aperol Orange 1/3 Louis Vuitton Monogram Fil Coupé Shirt Dress, Dhs13,600 For those who crave color, designers offered the perfect solution in this juicy, cocktail-inspired orange. Bottega Veneta and Louis Vuitton showed how this vibrant shade can feel both playful and polished. Unlike previous seasons' neon oranges, this version has a slightly muted quality that makes it more wearable, especially when balanced with neutral tones like beige or white. It's the ultimate hue for making a statement while still feeling appropriate for daytime. Icy Blue 1/3 Tom Ford Georgette maxi dress, Dhs19,085 Blue takes on a frosty, ethereal quality for summer 2025. Chloé and Prabal Gurung used this pale, icy tone to create looks that felt both fresh and sophisticated. The color works particularly well in the season's light-as-air fabrics, from sheer overlays to flowing silk dresses. Its cool undertones make it a perfect choice for hot summer days, offering a visual cooling effect that's both stylish and practical. Spring Green 1/2 Victoria Beckham Asymmetric draped satin midi dress, Dhs4,600 Green appeared across the spectrum on runways, but the standout was this bright, lively spring green at Valentino and Victoria Beckham. Neither too minty nor too olive, this perfect middle-ground green brings energy to any outfit without overwhelming. It's particularly striking in structured pieces like blazers and midi skirts, where its vibrancy can really shine against more neutral backgrounds. Sea Foam 1/2 Alaïa Turtleneck Midi Dress, Dhs8,490 Erdem and other designers proposed this soft greenish-blue as a surprising neutral alternative. More interesting than standard beige but just as versatile, sea foam works beautifully with all the other colors in the 2025 palette. It's especially flattering in the season's flowing silhouettes and textured fabrics, adding depth and interest while maintaining an overall softness. Misty Lilac 1/3 Loro Piana André linen shirt, Dhs3,080 A surprise standout in the 2025 palette, misty lilac brings a soft, romantic touch to summer dressing. Designers like Valentino and Dior showcased this delicate purple-gray hybrid in flowing chiffon dresses and tailored separates, offering a sophisticated alternative to traditional pastels. With its muted, dusky undertones, this versatile shade pairs beautifully with butter yellow for a soft contrast or with chocolate brown for unexpected depth. Unlike brighter purples, misty lilac maintains a subtle, almost neutral quality that makes it surprisingly wearable for day and night. The summer 2025 color palette offers something for every taste, from those who prefer subtle sophistication to those who love bold statements. What makes this season particularly exciting is how these colors work together – imagine butter yellow with ballet pink, or mocha mousse with aperol orange. The combinations are endless, and all promise to capture the season's optimistic yet relaxed mood perfectly. – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram Images: Supplied Feature Image: Pinterest
