Market Moves & Price Action.
#GOLD Gold prices eased slightly today after strong U.S. jobs data reduced expectations for near-term interest-rate cuts by the Federal Reserve — making non-yielding assets like gold less attractive. Spot gold dipped modestly, and futures also slipped. Silver followed suit with modest declines.
However, gold remains above key psychological levels (around $5,000/oz) and has been holding up well after recent volatility. Analysts highlight that global demand and safe-haven flows are keeping prices supported despite short-term pullbacks.
🌏 Global Market Themes
China’s gold market started 2026 strongly, with early gains and solid demand reported — though prices took a breather after late-January highs.
U.S. stocks and macro data are influencing precious metals — strong labor data is boosting stocks but strengthening the dollar, which typically weighs on gold.
🪙 Physical & Regional Price Updates
📍 Pakistan
Gold prices in Pakistan remained stable today, mirroring global bullion stability.
24-karat gold per tola: ~Rs. 528,562
10g gold: ~Rs. 453,156
Silver prices in the local market are rising modestly.
📍 India & Other Regions
Across Indian markets, gold prices show mixed, slightly lower or range-bound trading, reflecting global influences, currency movements, and import costs.
📉 Short-Term Influences
U.S. economic data (jobs/inflation): Strong figures are dampening rate-cut expectations, strengthening the U.S. dollar, and pressuring gold prices.
Volatility persists in precious metals, with saw-tooth price moves after late-January record runs.
📈 Market Sentiment & Outlook
Some analysts remain bullish on gold over the medium to long term due to ongoing geopolitical tensions, central bank demand, and safe-haven investment flows.
However, near-term direction is heavily tied to U.S. macro releases (jobs, CPI, Fed commentary) and dollar strength.
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