Markets » Bullion Rate

Bullion Rate

Spot gold may retest resistance at $1,911

Support is at $1,886, a break below which could cause a fall into $1,864-$1,877 range. On the daily chart, gold seems to be rising towards the peak of a wave B at $1,959.01, as it has broken a falling trendline and a key resistance at $1,874.

Published 27 May, 2021 11:58am

Bullion Rate

Gold eases off 4-1/2-month peak as dollar, yields rebound

South Korea's central bank kept monetary policy unchanged on Thursday as a surge in coronavirus cases threatened an export-led economic recovery.

Published 27 May, 2021 11:55am

Bullion Rate

Gold rises above $1,900/oz as dollar weakens, inflation jitters persist

Investors now await key US economic data due later this week, including gross domestic product, jobless claims and consumer spending.

Published 26 May, 2021 01:08pm

Bullion Rate

Gold subdued as easing inflation fears boost risk sentiment

Spot gold may fall to $1,859 per ounce, as it has left a triangle, according to Reuters technical analyst Wang Tao.

Published 25 May, 2021 01:00pm

Bullion Rate

Spot gold may fall to $1,859

Signals will turn neutral if the metal breaks an immediate resistance at $1,884. Only a further gain above $1,893 could confirm the continuation of the uptrend towards $1,921.

Published 25 May, 2021 11:21am

Bullion Rate

Gold eases on global recovery hopes; weak dollar limits losses

US gold futures fell 0.3% to $1,879 per ounce

Published 25 May, 2021 11:18am

Bullion Rate

Spot gold signals mixed

Support is at $1,859, a break below which could cause a fall into the $1,830-$1,847 range. On the daily chart, the metal is struggling around a resistance at $1,874.

Published 21 May, 2021 12:17pm

Bullion Rate

Gold heads for third weekly gain on tepid dollar, inflation worries

Indicative of sentiment, holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.6% to 1,037.09 tonnes on Thursday.

Published 21 May, 2021 12:15pm

Bullion Rate

Spot gold may retest resistance at $1,893

The metal has broken a lower resistance at $1,875. The break confirms an extension of the wave C from $1,755.81. Most likely, this wave could travel to $1,921.

Published 20 May, 2021 12:57pm

Bullion Rate

Gold holds below 4-month peak as dollar, Treasury yields rebound

As the dollar firmed and US Treasury yields rose after the release of the minutes from the Federal Reserve's last monetary policy meeting.

Published 20 May, 2021 11:35am

Bullion Rate

Gold retreats as dollar, US yields gain after Fed minutes

"Despite the carnage over several asset classes, gold investors got to be happy with how it performed today.

Published 20 May, 2021 11:32am

Bullion Rate

Spot gold may fall into $1,830-$1,847 range

On the daily chart, the metal is struggling around a similar resistance at $1,874, which may trigger a pullback towards the falling trendline.

Published 19 May, 2021 12:05pm

Bullion Rate

Gold hovers near 4-month high as dollar eases; Fed minutes in focus

US gold futures rose 0.1% to $1,869.60 per ounce.

Published 19 May, 2021 11:59am

Bullion Rate

Spot gold may retreat into $1,830-$1,847 range

On the daily chart, the metal faces a similar resistance at $1,874, which may trigger a pullback towards the falling trendline.

Published 18 May, 2021 10:58am

Bullion Rate

Gold prices at 3-1/2-month high on weaker dollar, inflation anxiety

Investors now await minutes of the US Fed's last meeting, due on Wednesday, for more cues on the US central bank's monetary policy.

Published 18 May, 2021 10:52am

Bullion Rate

Gold extends rally as dollar weakness, inflation jitters lift appeal

"However, the pace of the gold rally appears to be outpacing fundamentals right now, and the Relative Strength Index (RSI) has entered overbought territory.

Published 18 May, 2021 10:33am

Bullion Rate

Gold scales over 3-month peak on virus woes, lower US yields

Gold is seen as a hedge against rising inflation.

Published 17 May, 2021 03:29pm

Bullion Rate

Gold scales over 3-month high on virus worries, lower US yields

Benchmark US 10-year Treasury yields slipped to their lowest in nearly a week, reducing the opportunity cost of holding non-interest bearing gold.

Published 17 May, 2021 12:03pm

Bullion Rate

Spot gold may rise to $1,876

The fall may be extended to $1,830. On the daily chart, the metal is poised to test a falling trendline.

Published 17 May, 2021 11:34am

Bullion Rate

Spot gold may retreat to $1,816 before rising

The consolidation could be due to a surge from the May 5 low of $1,769.20, which has run too fast to sustain.

Published 12 May, 2021 12:21pm

Bullion Rate

Spot gold may retest resistance at $1,847

It is rising toward a falling trendline, which establishes a resistance around $1,850.

Published 11 May, 2021 12:18pm

Bullion Rate

Gold up on lower yields, dollar; focus on US inflation data

"The scope for further declines (in gold prices) may be modest," HSBC analysts said in a note, adding that a decline in yields offers gold a chance to rally.

Published 11 May, 2021 12:16pm

Bullion Rate

Gold firms as US jobs data miss cements low rates view

Spot gold may test a resistance at $1,847 per ounce, a break above which could lead to a gain to $1,876, according to Reuters technical analyst Wang Tao.

Published 10 May, 2021 11:24am

Bullion Rate

Spot gold may test resistance at $1,847

A break above the trendline would be a major victory of bulls, as it confirms a reversal of the downtrend from $2,072.50.

Published 10 May, 2021 11:14am

Bullion Rate

Spot gold may test resistance at $1,830

On the daily chart, gold is rising towards a falling trendline, which suggests a target around $1,850.

Published 07 May, 2021 11:29am

Bullion Rate

Gold set for best week in 6 months on softer dollar, yields

Spot gold may test a resistance at $1,830 per ounce, a break above could lead to a gain to $1,847, according to Reuters technical analyst Wang Tao.

Published 07 May, 2021 11:28am

Bullion Rate

Spot gold may retest resistance at $1,802

On the daily chart, a retracement analysis reveals a similar resistance at $1,799, the 61.8% level.

Published 06 May, 2021 11:55am

Bullion Rate

Gold subdued on firmer dollar; focus on US jobs report

Lower interest rates decrease the opportunity cost of holding non-yielding bullion.

Published 06 May, 2021 11:52am

Bullion Rate

Spot gold may retest resistance at $1,802

On the daily chart, the current correction is expected to be much shallower than the one from the April 22 high of $1,797.67.

Published 05 May, 2021 12:15pm

Bullion Rate

Gold prices edge higher as pullback in US dollar lifts appeal

Elsewhere, palladium rose 0.3% to $2,993.71 per ounce after hitting an all-time high of $3,017.18 in the previous session, driven by concerns of a shortage of the metal.

Published 05 May, 2021 12:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42
France CAC40 / May 17	8167.50
Tokyo Nikkei / May 20	39197.34

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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