Gold falls despite global surge | The Express Tribune

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The Express Tribune Pakistan 4h

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 »»»

tribune.com.pk
Sada El-Balad Egitto 16.05. 13:31

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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