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Gold Price Nears $3310, Awaits CPI and Fed Signals

The gold price is waiting for a catalyst to break out of its near-term bull trend, with the US dollar driving the next move. Traders are closely watching the CPI data and Fed signals, which could provide the necessary catalyst for a breakout. The key levels to watch are $3,280-3,265 and $3,325-3,340, with a break below or above these levels potentially triggering a significant move in gold prices.
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Economic Survey of Pakistan 2025 Reveals 2.7% GDP Growth Rate

Key highlights of the survey include a significant drop in inflation, a substantial increase in foreign exchange reserves, and major gains in energy sector reform. The government's move towards a defined-contribution pension system and comprehensive review of ministries and departments are also expected to improve governance and reduce inefficiencies.
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Air Karachi Launches Domestic Flights

As Air Karachi prepares to take to the skies, the airline's focus on affordability, reliability, and customer-focused service is expected to make it a popular choice among travelers, and its expansion plans are likely to have a positive impact on Pakistan's economy and tourism industry.
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Bitcoin Surges Past $106,000 in 2025 budget Year

The cryptocurrency's ability to withstand political unrest and maintain its value is a testament to its growing maturity and investor confidence, with many eyeing the $107,000 mark as a potential target for the coming weeks.
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2026 Ford Mustang FX Package Revives Classic Style

With its unique blend of retro and modern features, the 2026 Ford Mustang FX Package is set to appeal to a wide range of customers, from those nostalgic for the original Fox body Mustang to those looking for a stylish and distinctive new car.
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Hooters Closes Locations Across Multiple States Due to Shift in Business Model and Location

The abrupt closures are part of a larger effort by Hooters to restructure its business and improve its financial stability, with the goal of emerging from bankruptcy and positioning itself for future growth and success in the competitive casual dining market.
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Gold Prices Fall Amid US Jobs Report, Upside Potential Remains

The ongoing global economic uncertainty, combined with a weakening US dollar and low interest rates, is expected to drive gold prices higher in the coming months, with the metal's upside potential remaining intact despite the recent decline.
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James Wynn Crypto Liquidation Losses Near $90 Million

The losses incurred by James Wynn and other traders serve as a cautionary tale about the dangers of high-risk trading, emphasizing the need for traders to be aware of the potential consequences of their actions and to adopt responsible trading practices to minimize their exposure to risk.
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Suzuki Swift Production Halted Amid Global Rare Earth Crisis

As the global auto industry navigates the rare earth crisis, India is poised to take a crucial step towards building a more flexible and domestic supply chain by opening a rare earth mining and processing sector for private players and technical partners, which could help mitigate the impact of the crisis on the country's auto and EV industries.
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Gold Prices in Pakistan Today Remain Steady

The current gold prices in Pakistan are influenced by global market trends, with the All Pakistan Sarafa Gems and Jewelers Association providing regular updates on price fluctuations. As the global economy continues to navigate geopolitical tensions and trade disputes, gold prices are expected to remain volatile, making it essential for investors to stay informed.
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Net Metering Reforms: Government Tightens Regulations

The proposed changes to the net metering policy have sparked controversy, with experts warning of increased costs for consumers and a rise in lithium battery imports. The government's energy reforms aim to create a more sustainable and transparent model, but the impact on consumers and businesses remains to be seen.
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Labubu Dolls Take US by Storm with Rihanna and Blackpink

The Labubu phenomenon is driven by its exclusivity, social media presence, and the growing "unboxing culture," where consumers buy and collect toys without knowing what they will receive. This trend is also tied to the current "moment of infantilization," where the fashion world is leaning into childhood and girlhood, with consumers seeking to participate in a cultural moment and show off their status through the possession of certain toys.
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Brazil Aims to Ease Chicken Trade Bans Amid Bird Flu

As the situation continues to unfold, Brazil's agriculture ministry remains vigilant, with ongoing investigations into potential new outbreaks. The country's major chicken exporters, however, remain confident that the crisis will be over soon, and are looking forward to the easing of trade restrictions, which will help to restore Brazil's position as a major player in the global chicken market.
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McDonald's Introduces S'mores McFlurry, Sweet Treat

The Hershey's S'mores McFlurry features a base mixed with Hershey's milk chocolate, graham cracker bits, and soft marshmallows, making it a must-try for fans of the classic campfire treat. With its limited-time availability, customers will want to try this new McFlurry before it's gone.
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Pakistan's Donkey Trade Booms with China Demand

The donkey skin trade has significant implications for Pakistan's economy, environment, and animal welfare, with the country's donkey population expected to meet China's growing demand for e-jiao. Sustainable alternatives, such as lab-grown alternatives or cellular agriculture, may offer a solution, but their development is still in its infancy.
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Forex Factory: Dollar Edges Down Amid Trade Tensions

The dollar index, which measures the US currency against six major peers, fell to 98.58, the lowest since late April, due to trade uncertainty and signs of fragility in the US economy. The decline was attributed to trade uncertainty, with US duties on imported steel and aluminum set to double to 50% starting on Wednesday.
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FBR Ends Tax Exemption in FATA, PATA: Business Recorder Reports

The imposition of sales tax in FATA and PATA regions is expected to have a significant impact on the local economy, with concerns raised by traders and business associations. The government's decision to abolish the "further sales tax" and document the supply chain is expected to bring in revenue gains in the long term, despite a temporary revenue loss.
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Riyal to PKR Exchange Rate Steady at 75.17

The exchange rate stability between SAR and PKR has significant implications for the economic relationship between the two countries, particularly in terms of remittances and foreign exchange reserves, which are vital for Pakistan's economic stability and growth.
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Labubu Frenzy: Pop Mart Tackles Resellers, Fakes

The Labubu frenzy has sparked a global phenomenon, with fans eager to get their hands on the creatures, but the rise of resellers and fakes has threatened to undermine the collector community. Pop Mart's efforts to improve the shopping experience and prevent fake sales aim to restore the fun and excitement of collecting Labubu, and with the company's success and commitment to its fans, the future of Labubu looks bright.
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LPL Financial Holdings Sees Shift in Stakeholders with AEGON Reduction

The adjustments in stakeholder positions reflect the dynamic nature of the investment market, with various institutions reassessing their portfolios. LPL Financial's financial indicators and market ratings suggest a promising outlook, making it an entity of interest for both current and potential investors.
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