Articles & Finance Updates

Prize Bond Results as per the schedule have been announced in City Muzafarabad, the draw number 49 and Prize Bond denomination of Rs. 7500 on 1st February, 2012. Please find below the details. 1st Prize of Rs:15,000,000/-PB# 814328 2nd Prize of Rs:5,000,000/- PB# 949229 ,PB# 066286, PB# 431310.

Pakistani Rupee was in a continues declining trend against US Dollar, UAE Dirham, Australian Dollar, Euro and British Pond since the year 2012 started.
Most of the analysts were pointing out the raise due to oil transactions, when ever pak rupee loose its strength against US Dollar the other currencies also get impact lets have a view of the currency rates in Pakistan from the beginning of Jan, 2012.

2012 will be the most difficult year for the most of the forecasters due to the events faced in 2011, recession seems continued plus the political conditions are not making any one to decide to forecast for 2012.

When we talking about Gold the opening behavior is similar as 2011 corrective majors are taking place and upward slides are coming up on short term bases, let us review the Gold rate in Pakistan, in Jan, 2011 24k 10gms was stuck at Rs.45857, 24K per tola Rs.53500 and 22K 10gms was on Rs.42035.

Dubai Gold Souk is Located in Deira Near Baniyas Square at Sikkat al-Khali Street which is at walking distance of Deira Bus Stand, Due to parking problems in Dubai markets you may also come down to creek and pick UBRA a water boat from Bur Dubai which may not take more than 10 minutes to take you to the Dubai Gold Souk.

Dubai is a city of Gold it will become true when you will visit the dubai gold souk, the worth of visiting the gold market (gold souk) even if you have no intention of buying gold jewellery, all the shops are full of shining gold containing 18 to 24 carat gold, dubai gold rates are not the major concern when it comes to the shops and Dubai gold festivals with intentions of buying gold because mostly gold traders offer promotions with special offers.