All that glitters is an investment opportunity

Traders and experts in Pakistan see little chance of stability in the gold market — which has witnessed sharp volatility amid an overall rising price trend — anytime soon. They attribute the price swings to a rare mix of global and local factors; fluctuations in international gold prices, escalating armed conflicts that threaten to widen war zones, US tariff pressures under President Trump, dollar volatility, geopolitical tensions, and abrupt shifts in domestic economic policies. Ultimately, market decisions rest with individual investors, as projections for Pakistan’s gold sector are shaped by traders/experts’ intuition rather than fact-based evidence. Comprehensive data on the country’s gold market remains unavailable, though, various institutions hold partial information on financial transactions and the inward and outward movements of precious metals in this largely self-regulated, informal sector.