Gold falls despite global surge | The Express Tribune
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Gold falls despite global surge | The Express Tribune
Gold prices in Pakistan declined on Tuesday despite the fact that the global market surged more than 2% after softer-than-expected US inflation data boosted hopes of a less hawkish stance by the Federal Reserve. According to the All-Pakistan Gems and Jewellers Sarafa Association, gold per tola was »»»
Gold Records Largest Weekly Loss in Months... Ounce Drops 3.7% Driven by Strong Dollar and Inflation
Domestic gold prices declined during Saturday's trading, coinciding with the weekly close of the global stock exchange, following a 3.7% drop in the global ounce over the week. This decline was driven by a rising US dollar, higher Treasury yields, and accelerating inflation rates in the United Stat»»»
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