The ongoing US war in Iran has reportedly cost $37.5 billion so far, according to US Defence Secretary Pete Hegseth, who is seeking urgent congressional funding. President Trump has threatened to expand targets to include Iranian energy plants, the Kharg Island oil hub, and a nuclear-linked site, raising concerns about escalation. The conflict, which has seen a fragile ceasefire collapse, is straining the Pentagon's budget and faces political opposition ahead of midterm elections. Such geopolitical tensions and potential oil supply disruptions could boost safe-haven demand for gold and potentially weaken the US dollar, impacting local gold and currency rates in Pakistan.
بحوالہ / Source: www.brecorder.com