مشرق وسطیٰ کشیدگی اور شرح سود کے آؤٹ لک پر سونے کی قیمتوں میں کمی

Spot gold dropped 0.3% to $4,362.60 per ounce, with US gold futures also down amidst ongoing geopolitical tensions in the Middle East. A global rate-tightening cycle by central banks, including the Fed, BoJ, and ECB, is further influencing market sentiment. While gold acts as an inflation hedge, rising interest rates typically reduce its appeal by making interest-bearing assets more attractive. This dynamic suggests continued volatility for gold, potentially impacting local gold and USD/PKR rates in Pakistan.

بحوالہ / Source: www.brecorder.com