Gold Price Forecast In Pakistan
Gold price rises for second day in a row How much per towel?
Madani News Update
Dear Readers, If you want to know the rate of gold, you are right, you will be told the exact rate of gold.This post will tell you the latest rate of different carats of gold.
To find out the latest rates of 22 carats, 24 carats and 21 carats, go to the bottom of the page, there will be a button, click on the check rate list and find out your rate.You get 21 carat 22 carat 24 carat and 18 carat gold per ounce, per gram, per 10 grams, and per towel rate.
In addition, in this post you will also be informed that the price of gold in different cities of the country today.
What is Gold? Some info about Gold
Gold is called Gold in English, Dhahab in Arabic and Oram in Latin. It is bright golden in color. It is a mild type of metal. It is found in the form of particles mixed with other metals from the earth. It is separated from other metals in the refinery. It is a fine type of metal which is not affected by weather effects. It is not affected by common acids and alkalis. It is a mixture of two different (nitric acid) hydrochloric (salt acid) acids - it can be mixed with all the other metals and it is possible to separate them later. And if a mixture of other metals is melted in a hot fire, all the metals except gold are slowly burnt. It has an atomic weight of 196.97 and its atomic number is 79. Gold is as old as history. Because it is mentioned in Qur'an and other religious and historical books. Archeology in different parts of the world also gives evidence of its existence and its importance has been evident in every age. Gold in many countries of the world. Most of them are from Muslim countries and Pakistan is one of them. Apart from oil and copper, there are vast reserves of gold in Balochistan province of Pakistan but its extraction has not been started yet.
Gold is 19.32 times heavier than water, which means its specific gravity is 19.32.
Gold melts at a temperature of 1065 degrees Celsius, meaning that its melting point is 1065 degrees Celsius.
Gold starts to boil at a temperature of 2600 degrees Celsius, which means its boiling point is 2600 degrees Celsius.
The same gold is mixed with a certain amount of platinum and is called white gold. In some countries of the world, white gold jewelry is customary.
In addition to jewelry, gold is also used in medicine, allopathic and homeopathic remedies.
In modern times it is also used in the manufacture of parts for electronics such as mobile phones, watches and computers. Evidence of making idols etc. is found. In the distant and recent past, gold was used as a coin and currency and only gold is used in transactions with other countries. And governments ensure the presence of gold in their assets.
What is Silver? Some info about Silver.
Silver is called Silver in English, Fiza in Arabic and Argentum in Latin. Its color is milky white - it is a mild type of metal - it is extracted from the earth in the form of particles mixed with other metals which are then separated from other metals in the refinery. However, the chemicals used in make-up and perfumes, etc., darken its color. Nitric acid is used to dissolve it in the form of water. It can be mixed together and then it is possible to separate them later. If a mixture of silver and other metals is melted in a hot fire then slowly silver along with all other metals is burnt. Its atomic weight is 108 and Its atomic number is 47. Like gold, silver is as ancient as the science of history. Because it is mentioned in the Qur'an and other religious and historical books. Evidence is found and its importance in every age has been Muslim. Like gold, silver is also found in many countries of the world, most of which belong to Muslim countries. Apart from oil and copper, there are vast reserves of gold and silver in Balochistan province of Pakistan. However, it has not been officially started yet.
Silver is 10.50 times heavier than water, meaning it has a specific gravity of 10.50.
Silver melts at a temperature of 960.50 یعنی C, meaning that its melting point is 960.50 C.
Silver begins to boil at a temperature of 1950 degrees Celsius, meaning that its boiling point is 1950 degrees Celsius.
In addition to jewelry, silver has been used in medicine, allopathic and homeopathic remedies as well as medicine. Silver foil is applied to common food items. Mobile phones, watches and computers are notable. In ancient times there are traces of its utensils, decorative items, thrones of kings, carvings on arms, statues and idols etc. still found in Arab countries. Daggers, swords and sticks are made. In the distant and recent past, silver was also used as a coin and currency and was used along with gold in transactions with other countries.
At present the world has taken the shape of a round village due to innovation which is commonly known as Global Village. There are businesses that sometimes cause huge losses. How some of the world's powers have gold and silver in their grip. And learn about other ways of trading gold and silver and the world markets.
Click the button below to find out what is the gold rate in Pakistan today.
 |
| Gold Price Forecast In Pakistan/Gold Price Forecast/Madani News Update |
Gold reserves in Pakistan
February 1, 2011
Pakistan's Minister for Petroleum Syed Naveed Qamar on Tuesday told the Upper House Senate that Pakistan has reserves of 1339.25 tons of gold and more than 70 tons of silver.
According to correspondent Ijaz Mehr, in response to a question from Najma Hameed during Question Hour, he said that these deposits are present in Sendak and Rico Dick fields in Chaghi district of northwestern Balochistan.
Naveed Qamar informed the House that Sendak mine has deposits of 63 and a half tons of gold and seventy five tons of silver. The Ricoh Dick mine has 1275 tons of gold reserves.
He said that in the five years from 2005 to 2009, more than 158 tons of gold and more than 11 tons of silver have been extracted. Production has not yet begun at the Ricoh Duck mine.
The contract for the Sendak project is with a Chinese company and has been working on it for many years. But so far no refinery has been set up in Pakistan to separate raw materials and separate copper, gold and silver. Due to which, according to experts, investment companies prefer to extract cheap raw materials and clean them from outside.
The contract to extract gold and copper from the Ricoh Duck mine has been awarded to Tethian Copper Company, a joint venture of two Canadian companies. The company has been issued an exploration license. Now the company wants to acquire mining rights.
Samia Ali Shah, a spokeswoman for the Tethyan company, said the raw material would be brought through a 680-kilometer pipeline from the Reiko Duk mine in the Chaghi desert to Gwadar Port, which would be sent out for refining.
According to the spokesperson, the company will spend ارب 3.3 billion on the project and it is the largest project in terms of foreign direct investment in Pakistan.
Twenty-five per cent of the cost of the project will be borne by the Balochistan government and the Tethyan company will arrange an interest-free loan for them, which they will have to repay in ten to fifteen years. According to him, Balochistan will get 25% share in the profits and the company will pay 25% more to the government in terms of royalties and taxes.
He said that Tethyan has spent کروڑ 220 million on exploration and the Balochistan government has not spent anything on it. According to him, 200,000 tonnes of copper and 250,000 ounces of gold are expected to be extracted from the 600,000 tonnes of material extracted annually from the Ricoh Dak mine for 56 years.
The Supreme Court has taken cognizance of the awarding of a contract to Ricoh Dick Mine to Tethyan Company and the case is pending.
So far, the company has not received the contract, but according to the lawsuit, the rules and regulations are being violated in awarding the contract to Ricoh Field and the company concerned is being benefited.
The court adjourned the case till Wednesday and asked the Balochistan government for the original documents of the agreement with the company.
0 Comments