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Gold prices in Pakistan dip slightly after two days of significant rises

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According to the All Pakistan Sarafa Gems and Jewellers Association, gold prices fell across the country on Saturday, putting a stop to a two-day string of considerable increases in the price of gold.

As a result of a decrease of Rs1,100 per tola, the price of 24-karat gold on the local market has dropped to Rs439,836.

In a similar vein, the price of 10 grams of 24-karat gold fell by 943 rupees, ultimately reaching a price of 377,088 rupees.

Silver prices also went down, with the price of one tola of silver falling by Rs48 to Rs6,716. This represents a decrease in the price of silver.

Gold prices on the international market decreased by $11 per ounce, and the precious metal is currently trading at $4,174 per ounce. This is one factor that contributed to the continuing downward trend in prices in the domestic market.

In general, the price of gold in Pakistan moves in tandem with the movements that occur in international bullion markets and the shifts that occur in the exchange rate between the rupee and the dollar.

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PSX opens on a positive note, gains over 1,300 points in early trading

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 The Pakistan Stock Exchange (PSX) opened Tuesday’s trading session on a positive note, with the benchmark KSE-100 Index climbing more than 1,300 points.

The index surged to 164,368 points during early trading, reflecting a strong upward movement in the market.

In the previous session, the benchmark index had settled at 163,038 points.

The latest rally marks a positive start to the trading day, with the market gaining momentum after the previous session’s close.
 

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Pakistan squad announced for ICC Women’s Emerging Nations Trophy

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Muneeba Ali will lead Pakistan in ICC Women’s Emerging Nations Trophy 2026 Pakistan Cricket Board on Tuesday named a 14-member squad for the forthcoming ICC Women’s Emerging Nations Trophy 2026 to be held in Ajman, United Arab Emirates (UAE) from November 12 to 25.

The squad also includes hitters Eman Naseer, Eyman Fatima, Sadaf Shamas, Saira Jabeen and Shawaal Zulfiqar. Ayesha Zafar has been appointed the vice-captain. The squad also includes Gull Feroza who was declared the best wicketkeeper-batter in the recently ended National Women’s T20 Tournament.

Left-arm spinner Nashra Sundhu will head the bowling assault alongside Momina Riasat, Tuba Hassan and Umm-e-Hani in the spin quartet. The frontline pace options in the squad are Tasmia Rubab and Waheeda Akhtar.

The Pakistan women’s team has earned the Bronze Medal in the Asian Games in Japan. Sadaf and Waheeda have been recalled, while twelve players have retained their spot in the team from Pakistan’s last assignment. Regular skipper Fatima Sana will also be missing from Pakistan’s contingent as she will be in Australia playing her inaugural Women’s Big Bash League season.

The event involves 10 teams in two groups and 30 matches. Pakistan participate in Group B with Bangladesh, Thailand, Netherlands and Zimbabwe. Group A: Sri Lanka, Ireland, Scotland Papua New Guinea and hosts United Arab Emirates (UAE)

After the single-league round-robin round, three clubs from each group will qualify for the Super Six stage, where they will play three matches each. The final will be played on Wednesday November 25 between the top two teams from the Super Six stage.

Pakistan squad will gather in Lahore on November 6 and it will have a pre-tournament training camp on November 7, 8 and 9 before flying to UAE.

14-man squad

Muneeba Ali Siddiqui (c & wk), Ayesha Zafar (vc), Eman Naseer, Eyman Fatima, Gull Feroza (wk), Momina Riasat, Nashra Sundhu, Sadaf Shamas, Saira Jabeen, Shawaal Zulfiqar, Tasmia Rubab, Tuba Hassan, Umm-e-Hani, Waheeda Akhtar

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Saudi-led coalition says it intercepted Houthi missiles, drones attacking kingdom

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The Saudi-led coalition fighting Yemen’s Houthi rebels claimed Tuesday it intercepted and destroyed ballistic missiles and drones launched at two areas of the kingdom by the Iran-aligned group, as the battle between Saudi Arabia and the Houthis escalates.

The coalition reported the Houthis launched three ballistic missiles toward the Eastern Region of Saudi Arabia and four drones toward the Southern Region of the kingdom.

Saudi Civil Defence warned of a possible hostile threat in the Eastern Region and in the governorate of Kharj, and later said the risk has passed in both places.

Last month, the Houthis captured key strategic areas along Yemen’s Red Sea coast, moving closer to the Bab el-Mandeb Strait, a critical global shipping lane for Gulf oil producers across the Arabian Peninsula from the Strait of Hormuz. Since then, Saudi Arabia has stepped up its strikes against the Houthis.

The two sides have resumed fire, shattering a 2022 UN-brokered truce that had largely kept strikes at bay between the Saudi-led coalition, which backs Yemen’s internationally recognised government, and the Houthis who control the capital Sanaa.

The escalation also opens up a new front in the US-Israeli attack on Iran.

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