International gold prices increased by 0.5% to $4,097.67, while Brent crude oil jumped 0.6% to $91.55 a barrel amid Houthi threats to tankers in the Red Sea. The US Dollar Index remained strong near a one-week high of 101.20, with Fed funds futures indicating a probable rate hike by December. Bitcoin also saw a modest gain of 0.3% to $66,611.73. This combination of rising oil and a strong dollar could put upward pressure on imported inflation in Pakistan, potentially affecting local gold and currency rates.
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