Commodities
Volatility Drives Gold and Silver Prices Up in Pakistan
The ongoing US-Iran conflicts and unpredictable Federal Reserve rate policies are causing intense volatility in gold and silver markets globally.
Central banks continue to aggressively hoard gold, driving up baseline demand. This international trend collides with the Pakistani Rupee's instability against the US dollar and domestic economic uncertainty.
In response, local Sarafa markets adjust prices to absorb these macroeconomic shocks. The latest rates in Pakistan show significant increases in both metals.