Brent crude oil climbed past $100 a barrel amid Middle East tensions and new US tariffs, reigniting fears of a fresh inflation shock globally. This surge contributed to a 6% slump in South Korean shares, as investors also worried about the sustainability of heavy AI spending. Rising oil prices typically support gold as an inflation hedge, potentially pushing international gold rates higher, which could then impact local gold and USD/PKR dynamics.
بحوالہ / Source: www.brecorder.com