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Gold slides in Pakistan as global rates retreat
aaj_tv61d ago

Gold slides in Pakistan as global rates retreat

Gold prices in Pakistan fell on Friday, mirroring losses in the international market. In the local market, the price of gold per tola dropped by Rs3,300 to settle at Rs501,562, according to data released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Similarly, the price of 10-gram gold declined by Rs2,829 to reach Rs430,008. The drop follows a gain a day earlier, when gold per tola had risen to Rs504,862 after an increase of Rs1,400. In the international market, gold prices decreased by around $34 to trade near $4,790 per ounce, contributing to the downward trend in domestic rates. Meanwhile, silver prices also recorded a decline in the local market. The per tola rate of silver fell by Rs70 to settle at Rs8,444.

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Merit Financial Group LLC Grows Position in The Goldman Sachs Group, Inc. $GS
thelincolnianonline61d ago

Merit Financial Group LLC Grows Position in The Goldman Sachs Group, Inc. $GS

Merit Financial Group LLC lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 7.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 20,715 shares of the investment management company’s stock after acquiring an additional 1,520 shares during the period. Merit Financial Group LLC’s holdings in The [...]

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What is Asteroid Shiba Crypto? Elon Musk SpaceX New Mascot?
cryptonews61d ago

What is Asteroid Shiba Crypto? Elon Musk SpaceX New Mascot?

Asteroid Shiba is circulating on crypto social feeds with Elon Musk and SpaceX branding attached. But is it the real deal? The post What is Asteroid Shiba Crypto? Elon Musk SpaceX New Mascot? appeared first on Cryptonews .

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ABN AMRO Introduces Regulated Crypto Investment Products
financialit_net61d ago

ABN AMRO Introduces Regulated Crypto Investment Products

ABN AMRO is introducing Crypto Exchange Traded Products (ETPs) and Capital Protected Notes (CPNs) as an expansion of its investment offering in the Netherlands and other European markets. These products give clients the opportunity to gain indirect exposure in cryptocurrencies such as Bitcoin and Ethereum within a regulated and transparent framework. Crypto ETPs track the value of one or more cryptocurrencies, allowing clients to gain exposure without having to buy, store or safeguard the digital assets themselves. The products are being added via ABN AMRO’s existing investment platforms, alongside ETFs and other exchange traded products. In addition, ABN AMRO offers Bitcoin linked structured products – Capital-Protected Notes - to eligible Wealth clients, enabling them to gain exposure to Bitcoin. With the introduction of Crypto ETPs and CPNs, ABN AMRO offers investors a controlled way to include cryptocurrencies in their investment portfolios, as part of the bank’s broader investment offering. Growing interest in cryptocurrencies ABN AMRO sees growing interest in cryptocurrencies among investors, both professional and nonprofessional. “More and more clients are interested in crypto, but want to invest within a reliable and regulated environment,” said Mark te Riele, Head of Wealth Management Products at ABN AMRO. “We are now taking steps by making them available to all investment clients. This reflects both growing client interest and our conviction that access to crypto should take place with clear information and within a transparent, controlled investment framework.” Product availability across European markets ABN AMRO will offer Crypto ETPs to both professional and non-professional investors in the Netherlands and Germany, while professional clients can access them in all operating countries, including Belgium and France. In due course, ABN AMRO intends to expand this product offering to non-professional clients in Belgium and France. CPNs will be available in all four markets, Netherlands, Germany, Belgium and France, exclusively for eligible Wealth clients. Mandatory knowledge test These products are intended solely for self‐directed clients. Due to the complexity of these products, nonprofessional investors are required to pass a knowledge exam in order to be able to invest in them. At the same time, ABN AMRO emphasises that crypto is volatile and investing in crypto is speculative and involves risks. NoYes Investment 17 Apr, 2026

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USD/INR Plummets as RBI Unveils Strategic Credit Lifeline for Oil Importers
bitcoinworld61d ago

USD/INR Plummets as RBI Unveils Strategic Credit Lifeline for Oil Importers

BitcoinWorld USD/INR Plummets as RBI Unveils Strategic Credit Lifeline for Oil Importers The Indian rupee staged a significant rally against the US dollar in early trading on March 21, 2025, following a major intervention by the Reserve Bank of India (RBI). The USD/INR pair declined sharply after the central bank announced a special foreign currency credit line designed specifically for domestic oil marketing companies. This strategic move [...] This post USD/INR Plummets as RBI Unveils Strategic Credit Lifeline for Oil Importers first appeared on BitcoinWorld .

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EUR/USD Surges: Currency Pair Nears Critical 1.1800 Level Amid Crucial US-Iran Peace Negotiations
bitcoinworld61d ago

EUR/USD Surges: Currency Pair Nears Critical 1.1800 Level Amid Crucial US-Iran Peace Negotiations

BitcoinWorld EUR/USD Surges: Currency Pair Nears Critical 1.1800 Level Amid Crucial US-Iran Peace Negotiations LONDON, March 12, 2025 – The EUR/USD currency pair is making significant gains in European trading, pushing decisively toward the psychologically important 1.1800 level. This upward momentum arrives directly ahead of scheduled high-stakes peace negotiations between the United States and Iran, a geopolitical event with profound implications for global energy markets and financial stability. Consequently, [...] This post EUR/USD Surges: Currency Pair Nears Critical 1.1800 Level Amid Crucial US-Iran Peace Negotiations first appeared on BitcoinWorld .

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