Gold prices in Pakistan have slipped from their recent five-week highs, following global trends influenced by fluctuating economic data. The decline is attributed to a strengthening dollar and renewed investor interest in equities, both of which have tempered demand for safe-haven assets like gold.
In the local market, the per-tola rate of gold saw a reduction, reflecting international price adjustments. Analysts suggest that the easing of inflation concerns and optimism in equity markets have diverted funds away from commodities. Meanwhile, central bank policies worldwide, including interest rate adjustments, continue to shape gold’s trajectory.
Despite the recent dip, gold remains a popular investment option in Pakistan, especially amidst economic uncertainties. Analysts caution that prices could rebound if inflationary pressures resurface or geopolitical tensions escalate
