Gold & Oil Prices Plunge Globally Amid Market Shifts

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Global trading sees gold drop over 3% and crude oil dip, impacting markets worldwide.

Karachi, Pakistan – Web Desk: Global markets witnessed a sharp decline in gold and oil prices, sending ripples across international and local economies. Gold fell over 3% during trading, dropping $47 to $4,332 per ounce, affecting local rates in Pakistan, China, Japan, Korea, and Singapore. Meanwhile, crude oil prices also dropped nearly 3%, with Brent trading at $67 and WTI at $63 per barrel, following supply adjustments and market dynamics. Analysts say the dip in energy prices is influencing sector rates and investor sentiment globally.

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