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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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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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