Despite rally forecast, market faces external, fiscal challenges

High base effect, longer replacement cycles, and inflation push demand down by 8%

Sugar, milk, beef up but tomato, onion, wheat flour lead YoY price decline

SBP holdings jump 54.5% YoY to $14.51b amid fresh inflows

SBP deposits rise $5.12b YoY; gold stagnant ahead of US jobs data

Analysts credit macro stability, investor confidence, and low valuations for best regional performance in FY25

Bullion jumps to Rs350,200/tola; rupee down Rs5.4 vs dollar in a year

Conducts OMOs to ease liquidity crunch, gold drops Rs5,000/tola as demand falls

Experts urge tax cut to catalyse affordability; say scheme will fail without coordination

It marks second-largest decline since 2011 owing to debt repayments