Copper on the LME rose 0.29% to $13,661/ton, with SHFE copper gaining 1.05% to 104,850 yuan, driven by tight inventories and robust Chinese import demand. Meanwhile, non-yielding gold edged up as the US-Iran conflict escalated, raising inflation and interest rate concerns that also weighed on industrial metals. This global commodity movement, particularly gold's uptick due to geopolitical tensions, could influence local gold and currency rates in Pakistan.
بحوالہ / Source: www.brecorder.com