Gold price today softens as investors await US midterms
The gold price today in Pakistan is in focus after international bullion ticked lower on Tuesday, following a rebound of more than 2% in the prior session as investors waited on US midterm results.
International gold prices ticked lower on Tuesday while investors awaited US midterm election results later the same day.
Bullion had surged more than 2% in the previous session after oil prices fell and inflation concerns eased.
That rebound came after gold hit a one-year low on Friday.
Energy prices and US interest-rate expectations remain central to the gold outlook; the dollar was under pressure as oil slumped.
Australia’s interest-rate decision was also on the market calendar.