International gold prices slipped as intensifying US-Iran tensions weighed on risk sentiment and complicated the outlook for US interest rates. This decline occurred despite rising crude oil prices, which settled higher due to concerns over disrupted supply chains following threats of a naval blockade on Saudi Arabia. Australian gold stocks also saw losses for a fifth consecutive session. For Pakistani gold and currency markets, sustained geopolitical tensions could introduce volatility, potentially influencing safe-haven demand for gold or impacting USD/PKR through global oil price movements.
بحوالہ / Source: www.brecorder.com