Business

Spot gold declines by 0.6% in international market

Published by
Abdul khalique

ISLAMABAD: Gold prices recorded a sharp decline in the international market as crude oil prices showed an upward trend.

According to Arab media reports, rising oil prices in global trading triggered volatility across commodity markets, while gold witnessed a downward movement.

Spot gold prices fell by 0.6 percent, while US gold futures declined by 0.8 percent during trading sessions.

Market analysts said fluctuations in global economic conditions and shifting investor sentiment continue to impact precious metal prices, leading to uncertainty in the bullion market.

Experts added that ongoing changes in energy prices and global financial indicators are likely to keep gold markets unstable in the coming days.

Abdul khalique

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