Oil-driven inflation fears keep gold subdued
Oil-driven inflation fears keep gold subdued
Gold prices in Pakistan fell by Rs900 per tola on Wednesday to Rs434,536, despite a slight recovery in international markets, as oil-driven inflation concerns and tensions in the Middle East weighed on investor sentiment. According to the All-Pakistan Gems and Jewellers Sarafa Association, the price of 24-karat gold per 10 grams declined by Rs772 to Rs372,544. Similarly, 22-karat gold per 10 grams dropped by Rs707 t...