Macro News – English
Gold pressured as USD strengthens on risk, inflation concerns
- Gold stays resilient near $4,700, but firmer USD limits upside. Hormuz risks support the dollar, while inflation concerns reduce expectations for a dovish Fed. This weighs on non-yielding gold and keeps the fundamental outlook tilted toward supply on rips.
Macro News – Urdu
Gold pressure mein, USD strong risk aur inflation par
- Gold $4,700 ke qareeb strong hai, lekin strong USD upside ko limit kar raha hai. Hormuz risks dollar ko support de rahe hain, jab ke inflation concerns dovish Fed ki expectations kam kar rahe hain. Is se non-yielding gold par pressure hai aur outlook selling side par hai.