Author: Grace Robinson

Gold and the Pakistani Rupee: What Local Watchers Track In Pakistan, gold is never only an international story. It sits in family savings, in jewellery bought for weddings, and in the windows of sarafa markets where the day’s rate is a topic of everyday conversation. For local watchers, the price of gold is really two prices moving together: the global price of the metal, quoted internationally as XAUUSD, and the value of the Pakistani rupee against the dollar. Understanding that a change in either one moves the local rate is the key to following gold sensibly from Pakistan. Two Moving…

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