Global M2 money supply rises 8.5% year-on-year while the Pakistani rupee records a modest gain.
Image: Qazinform
Gold prices declined as markets assessed the latest global liquidity trends, with a liquidity-based model pointing to a potential gold price of around $5,025.
Global M2 money supply has increased 8.5% year-on-year, highlighting continued growth in global liquidity and keeping attention on its potential impact on precious metals.
Despite the fall in gold prices, the broader liquidity outlook remains supportive of the metal, particularly if global money supply continues to expand.
In Pakistan, the rupee also edged higher, offering a modest improvement against major currencies as markets continued to monitor both domestic and global economic developments.
