The US dollar strengthened, making commodities more expensive for international buyers, as economists anticipate the Federal Reserve will keep interest rates steady for the remainder of the year. Simultaneously, crude oil prices saw an uptick, driven by the widening conflict in the Middle East. While Shanghai copper hit a seven-week high on supply concerns and strong Chinese demand, these broader market movements are key. A stronger dollar and rising oil prices could put upward pressure on gold rates in Pakistan and potentially impact import costs.
بحوالہ / Source: www.brecorder.com