Gold Falls in India, Pakistan, UAE on May 15 After May 14 Rebound

Gold prices declined modestly across key Asian markets on May 15, with India at INR 14,280.85 per gram (down 0.71% from INR 14,383.45), Pakistan at PKR 41,511.78 per gram (down 0.78% from PKR 41,836.98), and UAE at AED 544.50 per gram. This reversed a rebound on May 14, when India rose to INR 14,548.90/g, Pakistan to PKR 42,160.78/g, and similar upticks occurred in Malaysia, Philippines, and Saudi Arabia, snapping a three-day decline from May 11-13. The pattern underscores gold's sensitivity to USD strength, Treasury yields, and rate hike bets per FXStreet data.