Global Gold Prices Fluctuate Amid Market Uncertainties
Global Gold Prices Fluctuate Amid Market Uncertainties

Global Gold Prices Fluctuate Amid Market Uncertainties

News summary

Gold prices have shown fluctuations globally, with stability in some regions and declines in others, influenced by geopolitical uncertainties and US tariff policies. In Pakistan, gold prices remained unchanged, while in India, they experienced a decline after reaching record highs. The international market saw gold edging higher due to its safe-haven appeal amid tariff uncertainties, with prices nearing record highs. Malaysia saw a slight increase in gold prices, attributed to adapting international prices to local currency. Meanwhile, the Philippines experienced a decrease in gold prices. Despite these fluctuations, investors and central banks continue to view gold as a hedge against inflation and currency depreciation.

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