Silver prices rallied sharply by Rs 15,000 to hit a lifetime high of Rs 265,000 per kg in the national capital on Monday, and gold advanced to a fresh record of Rs 144,600 per 10 grams, mirroring strong gains in the global markets.
Silver and gold prices snapped a two-day rebound and declined sharply up to 10 per cent in the futures trade on Thursday amid weak trends in the international markets and a strong US dollar.
Gold extended its record-breaking run to breach the Rs 1.5 lakh per 10-gram mark in futures trade on Tuesday, while silver surged to a lifetime high of Rs 3.27 lakh per kg as investors rushed to safe-haven assets amid mounting global tensions. On the Multi Commodity Exchange (MCX), gold futures for February delivery climbed Rs 6,861, or 4.7 per cent, to record Rs 1,52,500 per 10 grams after settling at Rs 1,45,639 per 10 grams in the previous session.
'Pakistan has employed force to curb Baloch aspirations and rights. There have been charades of giving rights and concessions and packages, but all of them are hollow and meaningless and not even worth the paper these are written on.' 'Pakistan is appeasing China for the investments which will benefit them. The economic corridor with China will not only deprive the Baloch of their land and resources, but will turn them into a minority because of the influx of outsiders.' 'The Balochs want to be masters, not slaves and hired labour in their own land.'
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