Gold prices have recently experienced fluctuations, with the metal trading near a multi-day low of approximately $2,420 after a 1% drop, influenced by a stronger U.S. dollar and profit-taking activities. Earlier in the week, gold had reached a high of $2,500, but prices were rejected as the market demonstrated resilience, with strong buying interest noted during pullbacks. In Pakistan, gold rates have surged significantly, reflecting a broader trend of rising gold prices globally. Despite these highs, analysts are keeping a close watch on the market, particularly to see if gold can maintain support around $2,400 by the end of trading. Year-to-date, gold has risen by 12%, outperforming many major asset classes, although risks remain due to potential declines in central bank demand and profit-taking from Asian markets.