Gold falls on US inflation fears
Gold falls on US inflation fears
Gold prices in Pakistan fell sharply on Wednesday, shedding Rs3,000 per tola, as bullion extended its decline in international markets amid rising expectations of a US Federal Reserve rate hike following stronger-than-expected inflation data. In the local market, gold prices settled at Rs437,836 per tola, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. Similarly, the price of 1...