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The price of gold declines in Pakistan.

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The price of 10 grams of 24 karat gold declined by Rs. 257, falling to Rs. 229,510 from Rs. 229,767, while the price of 10 grams of 22 carat gold reduced to Rs. 210,384 from Rs. 210,620, according to the All Sindh Sarafa Jewellers Association.

The prices of per tola and ten-gram silver remained constant at Rs.2,950 and Rs.2,529.14, respectively.

The Association reported a decline in the international gold price by $18, falling from $2,587 to $2,569.

On September 16, gold prices in Pakistan continued to rise, reflecting the increase in the international market, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The local market witnessed a surge in the price of gold per tola, increasing by Rs1,700 to reach Rs268,000. Likewise, 10-gram gold was transacted at Rs229,767 following a rise of Rs1,458.

Simultaneously, the global rate was noted at $2,587 per ounce, while silver prices remained consistent at Rs2,950 per tola.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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