Brent crude fell 0.9% to $87.6 a barrel, following an 8.7% drop in the previous session. The US Federal Reserve is expected to keep rates unchanged on Wednesday, but expectations for a 25-basis-point hike have risen to 37.9% from 16% a week ago. Geopolitical risks also persist as Iran-US talks continue with threats of resuming strikes if negotiations fail. For Pakistani investors, these factors could influence international gold prices and the USD/PKR exchange rate, impacting local gold rates.
بحوالہ / Source: www.brecorder.com