Gold Hits One-Year Low Globally Amid Tech Sector Concerns

International gold prices have plunged to a one-year low, trading below $4,000 per ounce, as investor concerns over the tech sector weighed on the broader metals market. This significant global decline reflects a shift in market sentiment, potentially driven by risk aversion or a stronger dollar. For Pakistani investors, jewellers, and traders, this global downturn could lead to a noticeable decrease in local gold rates, while a strengthening rupee might further temper import-linked price increases.

بحوالہ / Source: tribune.com.pk