Hi hive friends.
Hopefully all of you are fine. Happy Friday. The price of gold here today was almost the same as yesterday because it was Friday so the market was open and some were closed because here in some cities of Pakistan there is a holiday for Sunday and in some it is Friday. The current situation in Pakistan is getting worse because here neither we are able to control the price of dollar nor you can control the price of petrol. Government is increase of 35 Pakistani rupees. And today I met my uncle who works in the bullion market and he has found out that gold will go up to 2.5 lakhs in the next few days.
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So when I was talking to him about gold, he was saying that in the coming days, he has to become a mega. My uncle Joe Hai has been working with gold for over 35 years and has a lot of experience in this field. He was still saying that if anyone wants to put money into it, still take it and wait for a few days and earn a good profit. As far as I am concerned, now that gold has become expensive, the custom here of giving gold to the bride will now be fulfilled by making silver sets.
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This is the first picture that I have shared, things like this are very popular with women here. Those who have a hand bangle can see in the first picture, here a bangle is made in about three tolas. Three such bangles are given in marriage by the boy to the girl.
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The way gold is becoming more expensive, I see that this tradition will also end in the coming period, because it has become so expensive in Pakistan, it has become very difficult to eat bread. The very rich people here do all their investments in their gold. For the last 35 years, anyone who has invested in gold has not been at a loss till now because the price of gold has increased and not decreased here in Pakistan since the last 35 years.
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This is how the bangles are decorated here, whenever someone comes to buy, they are very impressed by the Shaheen they are wearing. GoldSmith has almost every size in their shop because customers sit next to them and take things from them because of all the sizes. If someone's hand size is too thin or too thick, then after taking some time to name it, it is made into an item of the same design.
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This design which I have shared with you in the last picture is very delicate and it is worn as a single bangle in one hand. Because it has a wide width it is a bit more so it can be worn in one hand and looks much more elegant in it. As soon as the market opens tomorrow morning, I will continue to share news with you about what the gold situation is going on here in Pakistan and what may happen in the coming days.