Global gold bullion prices pulled back from a two-week high, leading to a 3.1% drop in gold mining stocks. This retreat follows broader weakness in commodity markets. Meanwhile, crude oil prices surged above $100 a barrel after US President Donald Trump threatened "major military punishment" for Iran following Houthi-led tanker attacks, boosting energy stocks. This combination of retreating gold and rising oil could introduce volatility, potentially impacting local gold demand and the broader economic outlook in Pakistan.
بحوالہ / Source: www.brecorder.com