Tue, 21-Oct-2025

Haroon Tareen Khan: A struggling star

haroon tareen khan

Professional athletes need mental peace to stay on the top of their game, which is why it is essential to take care of their psychological health along with their physical health. Not being in a good mental space and the burden of other responsibilities can affect their performance. There are numerous cases where top-class professionals … Read more

Namibian skipper asks to be picked “for free” after Kamran Akmal steps back

Akmal

With the Pakistan wicketkeeper-batsman Kamran Akmal withdrawing from the Pakistan Super League (PSL), Namibian captain Gerhard Erasmus showed his interest to play in the PSL for “free” if needed. With the second-highest runs scored since the first edition, 1,820 runs in 69 innings with an average of 27.57, Kamaran refused to play for Peshawar Zalmi … Read more

Transparency in Saudi mining sector key to attracting investment

Saudi

RIYADH: Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef has said that transparency is the key to attracting investment in the kingdom’s mining sector, Arab News reported. Speaking at a post-budget forum in Riyadh, Alkhorayef said Saudi Arabia is committed to the environmental, social, and governance concepts in all sectors, including mining. He said mining is … Read more

Board games: After Tokyo, dual Olympian Hirano switches up for Beijing

Hirano

TOKYO: Only four months have passed since Japan’s Ayumu Hirano competed at the Tokyo Games, now he is gearing up for another crack at Olympic gold — this time on Beijing’s snow in February. Hirano took part in the park competition as skateboarding made its Olympic debut this summer, missing out on the eight-man final … Read more

Gold miners keen on going green

LONDON: The gold mining industry is keen to show off its green credentials, Arab News reported. The World Gold Council has revealed that of the $60.1 billion its 33 members generated in revenue in 38 countries around the world last year, 63 per cent, or $37.9 billion of it remained in the nations where the mining operations … Read more

Olympic medallists Polii and Rahayu secure spot in Indonesia Open finals

Olympic

JAKARTA: Olympic badminton gold medallists Greysia Polii and Apriyani Rahayu secured a spot in the Indonesia Open finals after defeating Thailand’s Jongkolphan Kititharakul and Rawinda Prajongjai in two straight sets on Saturday. The Indonesian women’s double beat the Thai pair 21-18, 21-14 in 58 minutes in the tournament held in the resort island Bali. They will … Read more

The Middle East’s La Masia: Qatar academy fuels World Cup dream

World Cup

DOHA: With many millions of dollars invested and thousands of hours spent on the training pitch, Qatar’s great football experiment will face the ultimate test when its start-from-scratch team makes its World Cup debut next year. Honed at Doha’s renowned Aspire Academy by coaches imported from Spanish giants Barcelona, no expense has been spared by tiny, … Read more

Have you ever seen gold ornament like insects?

Insects like gold ornaments

Golden tortoise beetles are often found in morning glory, where they look like walking on water droplets.

There is an ancient saying that if something is well protected, it will be useful for a long time, but such scenes are rarely seen when something has been protected for millions of years.

Leon Bliss, a world-renowned British photographer, has now revealed his reality to the world by taking stunning and detailed photographs of these ancient insects that date back to 45 million years ago and which are a special kind.

These oysters usually hover over trees and can kill other terrestrial insects, then when dead insects get mixed in the resin, they harden and become transparent.

Now, in the pictures that Leon has released, these insects from millions of years ago are visible, which amazes the viewers because now the remains of these insects are shining on themselves and their sides.

Insects seen in the images of these remains are no less shiny than any of the most precious gold ornaments.

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Price of 24 karats per tola gold surge by Rs50 per tola

Gold

As per the report of Karachi Sarafa and Jewellers Group, The price of 24 karats per tola gold surge by Rs50 per tola and was trade at Rs113,550 on Monday compared to its sale at Rs113,500 in the local market the prior day. The price of 10 gram 24 karats too surge by Rs43 and … Read more

Gold Price Forecast:  XAU/USD capture $1,750 level

Gold Price Forecast:  XAU/USD capture $1,750 level

Gold (XAU/USD) is bid on Friday, approaching the psychological threshold of $1,750 in recent trade. The daily bearish impulse may be headed for a test of the Fibonacci scale, and the 38.2 percent ratio near $1,756 will be critical. Higher up, the golden 61.8 percent ratio is at $1,768 and will intersect with the 20-day … Read more

Murray rebounds past Humbert in Moselle Open

Murray rebounds past Humbert in Moselle Open

METZ: Former tennis world No 1 Andy Murray came back from a set down and under pressure at 3-3 in the second set to beat sixth-seeded Frenchman Ugo Humbert in the first round of the Moselle Open in Metz on Tuesday. The Scot, 34, won seven straight games en route to a 4-6, 6-3, 6-2 … Read more

John Paulson: ‘I wouldn’t recommend anyone invest in cryptocurrencies’

John Paulson

John Paulson, billionaire hedge fund manager remains opposite strongly in investing in cryptocurrencies, naming them a “bubble” and stating that “regardless of where they’re trading today, [cryptocurrencies] will eventually prove to be worthless.” “Once the exuberance wears off or liquidity dries up, they will go to zero,” Paulson said in an interview. He further said, … Read more

 Gold prices in Pakistan have risen again due to the rise in the bull market

gold

The price of gold rose by 4 dollars during trading in the international market on Wednesday, the third day of the business week, after which the price reached 1803 per ounce. According to Muhammad Arshad, Chairman of All Pakistan Jewelers Manufacturers Association, the increase in the global market resulted in an increase of Rs. 1764 … Read more

iPhone 13 Pro and Pro Max brings 120hz refresh rate, enhanced cameras

iPhone 13 Pro and Pro max brings 120hz refresh rate, enhanced cameras

iPhone 13 series has been launched. Just like the 12 series, the 13 series has similar models including iPhone 13 vanilla variants, 13 Mini, 13 Pro, and 13 Pro Max. The Pro models have pulled even further than their vanilla counterparts in terms of GPU, cameras. In the Pro models, Apple has introduced ProMotion for … Read more

Jurrien Timmer: adoption of bitcoin by El Salvador is “a little bit overplayed”

Jurrien Timmer

Bitcoin move of El Salvador is “a little bit overplayed” Fidelity Investments director Jurrien Timmer stated.

El Salvador’s adoption of Bitcoin (BTC) as legal tender is broadly famous across the cryptosystem, but one expert believes the rank of the rollout was a little bit overstated.

“Because it’s not like El Salvador has dropped the U.S. dollar as its peg,” Jurrien Timmer clarified. He further said, “It’s not like it switched from dollars as its currency peg to Bitcoin.”

Repeating that the country still has the dollar and individuals can choose to be salaried in dollars or pay in dollars, he further said that the acceptance is on a voluntary basis.

But, paying in Bitcoin is voluntary in El Salvador, local merchants in the country are instructed to accept and process BTC transactions.

Timmer noted that Bitcoin is being verified, for the first time, as a medium of exchange is different from a store of value.

The Fidelity exec likened Bitcoin’s present moment to an “adolescent’s coming of age” like gold was in the 1960s:

“Although it’s in reverse; because gold went from being money to being an asset class in the seventies. Bitcoin is trying to go from being asset class to also being a currency or being money.”

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A globally sharp rise in gold prices also felt in the local barter markets

gold

The negative effects of rising gold prices in the global market were also felt in the local barter markets.

The demand for it increased during trading in the bullion market, which led to a rise of 12 12.

After the recent increase, the price of it per ounce reached 27 1827.

Due to the increase in the international market, the price of it in the local barter markets of Pakistan increased by a total of Rs. 2,322.

According to Muhammad Arshad, chairman of the All Pakistan Jewelers Manufacturers Association, the price of it rose by Rs 1,250 per tola in Pakistan.

He said that similarly, the price of ten grams increased by Rs.1072 due to which the price reached Rs.96,279. Bargain markets in Karachi, Hyderabad, Sukkur, Multan, Lahore, Faisalabad, Islamabad, Rawalpindi, Peshawar, and Quetta traded at the new rates.

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WWE will release John Cena Platinum Non-Fungible Token

WWE

WWE (World Wrestling Entertainment) plans to announce a one-of-one John Cena Platinum NFT (Non-Fungible Token).

Cena Platinum NFT will release at the same time when the go-home edition of SmackDown before SummerSlam aired. The NFTs of Undertaker will release in four different types, Bronze, Silver, Gold, and Platinum starting from the most elementary to the most advanced.

On August 20, 2021, a 24-hour auction for the Cena Platinum NFT will start at 8 PM. particularly, several Cena-based NFTs will be presented for fans to purchase or bid on. However, the NFT release is the second NFT release that WWE undertakes. This follows WWE’s success with The Undertaker’s NFT release over WrestleMania 37 weekend.

For WrestleMania 38 or 39, the Platinum tier will receive a one-of-a-kind NFT, a WrestleMania experience for two (two front row tickets, VIP Access, hotel accommodations). Cena wore a Dr. of Thuganomics necklace during WrestleMania 35, as well as a customized WWE Championship Title Belt. Furthermore, there are other NFTs based on Cena available for fans to bid on.

According to the WWE announcement, A Gold Tier release will add 500 limited edition NFTs to the mix. There’s also a limited-edition merchandise box that Cena personally curates.

On Monday John Cena posted a tweet  “Five days until SummerSlam”,

WWE Senior Vice President, Revenue Strategy & Development Scott Zanghellini said,

“The Summer of Cena will be capped off by a phenomenal main event at SummerSlam as well as an opportunity for the WWE Universe to own unique collectibles inspired by one of the biggest stars in Hollywood today”.

Moreover, the SummerSlam will take place at Allegiant Stadium in Las Vegas.

Earlier, WWE released its first NFT collection, featuring The Undertaker, with the top-selling NFT selling for $100,000 at auction.

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Saudi inflation rate decelerates as impact of VAT increase fades

IMF expects Saudi economy to grow 2.8% in 2021

RIYADH/MOSCOW: Inflation rate in Saudi Arabia decelerated in July from June on an annual basis, as the effects of the July 2020 tripling of the VAT rate no longer weigh on spending, Arab News reported. The consumer price index, a gauge used to detect the changes in prices, recorded a modest increase of 0.4 per … Read more

India Spent Rs100m on Olympic Gold Medalist Neeraj

https://en.wikipedia.org/wiki/World_Athletics_Championships

The Sports Authority of India spent Rs100m in Pakistani rupees on Neeraj Chopra during the past four years since he failed to achieve the medal at Rio Olympics in 2016. Chopra became the first Indian track and field athlete to have won the gold medal in over 100 years. After he broke the record at … Read more

Gold prices fall Rs300 to Rs110,300/tola

Gold

KARACHI: The price of 24 karat per tola gold witnessed a decline of Rs300 and was sold at Rs110,300 against the previous rate of Rs110,600 in the local market, Karachi Sarafa and Jewellers Group reported. The price of 10 grams 24 karat gold also decreased Rs258 and was traded at Rs94,564 against Rs94,822, whereas the … Read more

Beware jewellers and real estate agents: Big Brother is watching

FBR

KARACHI: The Federal Board of Revenue (FBR) has set up a dedicated office for the monitoring of undocumented transactions of real estate agents and jewellers under the conditions imposed by the Financial Action Task Force (FATF), sources said on Friday. The revenue board has taken initiatives to identify the use of black money in businesses … Read more

Largest star sapphire cluster found

Sri Lankan authorities say the world’s largest star sapphire cluster has been found in a backyard – by accident which projected of having a worth of $100 million, agencies reported on Tuesday. A gem trader said the stone was found by workmen digging a well in his home in the gem-rich Ratnapura area. Experts say … Read more

Gold falls Rs500/tola to Rs109,350

Gold

KARACHI: The prices of one tola gold decreased Rs500/tola to Rs109,350, while the rates of 10 grams fell Rs450 to Rs93,750, respectively in the local market on Tuesday. In the international market, the bullion rates slumped $13 to $1,796/ounce. Talking to BOL, All Sindh Saraf Jewellers Association president Haji Haroon Rasheed Chand said: “This is a … Read more

Gold imports fall 22.79% to $8.97 million in FY21

Gold

ISLAMABAD: Pakistan’s gold imports decreases  22.79 per cent to $8.977 million during the fiscal year 2020/21, compared with the corresponding period of the last fiscal year, the Pakistan Bureau of Statistics (PBS) reported. The gold imports during July-May 2019/20 stood at $11.627 million. In terms of quantity, Pakistan imported 148 kilogrammes of gold during the period … Read more

Bitcoin is better than gold, Steve Wozniak

bitcoin

Steve Wozniak, Apple‘s co-founder, was present at the Jalisco Talent Land Digital in 2021 on Thursday, July 8. The businessman conveyed his views on bitcoin and the blockchain in this context.

“It is something impressive that we even know who created bitcoin, it is unique and completely a mathematical formula, which is also immutable, so it is almost a miracle of technology,” he explained.

He said that bitcoin is “better than gold” because gold must be found and it is limited. Also stated that he does not have any crypto assets, he further stated that he would be investing in Bitcoin in the coming future.

Wozniak spoke about technology and advancements as well as diversity and equal pay during his participation in the innovation festival.

“We should all be treated the same, but we can’t achieve much just by wanting it,” he said.

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Mountain filled with gold discovered in Congo, locals over the moon

gold found in congo

What will you do if you find a mountain filled with gold? Well, villagers of Congo’s South Kivu province just got lucky as they found a mountain filled with expensive metal. A video of villagers is going viral on social media in which they can be seen digging the mountain and filling the buckets with … Read more