Current Affairs

“Gold Prices Surge for the Second Day Locally and Globally”

Gold prices have continued their upward trajectory for the second consecutive day, both locally and globally, as investors seek safe-haven assets amid growing economic uncertainties. The precious metal’s prices have been influenced by a combination of factors, including fluctuations in global markets, geopolitical tensions, and inflation concerns.

In local markets, gold prices have seen a significant rise, with demand increasing as people look to hedge against inflation and economic instability. The price of gold in Pakistan has mirrored the global trend, with both 22k and 24k gold prices climbing sharply. This surge is also attributed to a weakening local currency against the US dollar, making gold an attractive investment option for those seeking stability.

Globally, gold prices have been supported by concerns over interest rate hikes by central banks, and the ongoing challenges in major economies. With inflationary pressures mounting, investors have been flocking to gold as a store of value, further driving up its price.

Experts predict that gold may continue to rise if these global uncertainties persist. For now, the yellow metal is enjoying a period of strong performance, benefiting both investors and individuals looking to safeguard their wealth. The ongoing surge in gold prices is likely to attract even more attention from investors in the coming days.

Current Affairs

NAB Seals Malik Riaz’s Properties, Freezes Accounts Over Corruption Cases

The National Accountability Bureau (NAB) has taken decisive action against real estate tycoon Malik Riaz, sealing multiple properties and freezing his bank accounts in connection with ongoing corruption investigations. The move comes as part of a broader crackdown on alleged financial irregularities and illegal land acquisitions.

According to NAB officials, the investigation focuses on large-scale money laundering, illegal land transfers, and misuse of authority. Authorities have assured that legal proceedings will continue to recover illicit funds and hold those responsible accountable. Malik Riaz, known for his vast real estate empire, has denied any wrongdoing and is expected to challenge the decision in court.

Current Affairs

Pakistan-Afghan Jirgas Agree on Ceasefire, Reopening of Torkham Border

Pakistan and Afghanistan have reached a crucial understanding through traditional Jirga discussions, agreeing to a ceasefire and the reopening of the Torkham border, a key trade and transit route between the two nations. The agreement comes after weeks of tensions, which led to disruptions in trade and movement, affecting thousands on both sides.

The Jirgas, comprising tribal elders, government representatives, and security officials, emphasized the need for peaceful dialogue to resolve disputes and maintain border stability. Both sides have pledged to strengthen cooperation to prevent future escalations, ensuring that trade, travel, and diplomatic relations remain unaffected.

Current Affairs

Key Decisions Expected as Leaders Meet on Security Issues Today

Top civil and military leaders are set to convene today to discuss Pakistan’s growing security challenges, with key decisions expected on counterterrorism efforts and national defense strategies. The high-level meeting will focus on the recent surge in militant activities, particularly in Balochistan and Khyber Pakhtunkhwa, and will review measures to strengthen border security, intelligence operations, and military responses.

Officials anticipate discussions on enhanced coordination between security agencies, potential policy shifts, and new counterterrorism initiatives. The meeting comes amid increasing threats to national stability, with leaders emphasizing the need for a unified approach to tackle extremism and safeguard Pakistan’s security interests.