Markets » Bullion Rate

Bullion Rate

Gold extends losses as US bond yields firm, dollar rebounds

The European Central Bank may need some time before the recently agreed acceleration in the pace of money printing, ECB President Christine Lagarde said on Thursday.

Published 19 Mar, 2021 10:06am

Bullion Rate

Gold gains after Fed maintains easy monetary policy stance

Asian stocks were set for modest gains.

Published 18 Mar, 2021 11:07am

Bullion Rate

Spot gold may test support at $1,716

A break could lead to a gain into a range of $1,761 to $1,783. On the daily chart, gold is riding on a wave 4, which is ending around a falling trendline.

Published 17 Mar, 2021 11:38am

Bullion Rate

Gold holds below 2-week high as investors await Fed decision

Palladium jumped about 5% and scaled to a one-year high of $2,520.31 in the preceding session.

Published 17 Mar, 2021 11:35am

Bullion Rate

Inflation bets nudge gold higher ahead of Fed outcome

"The main trend will change upwards when buyers take up positions above $1,760 an ounce," Sandu said.

Published 17 Mar, 2021 11:33am

Bullion Rate

Gold muted as markets wait for US Fed meeting

Investors now eye the US Commerce Department's February retail sales data due on Tuesday, following January's 5.3% surge.

Published 16 Mar, 2021 11:43am

Bullion Rate

SPDR Gold holdings fall 0.2%, or 1.75 tonnes

In terms of ounces, holdings fell to 33,768,784 ounces from 33,825,009.

Published 16 Mar, 2021 11:23am

Bullion Rate

Mali's industrial gold production expected to drop 7.22% in 2021

Companies operating in Mali's mining sector include Barrick Gold, Resolute Mining, Anglogold Ashanti and B2Gold.

Published 16 Mar, 2021 11:22am

Bullion Rate

Spot gold may test resistance at $1,746

The rise is presumed to have been driven by a wave 4, which will be reversed by a downward wave 5.

Published 16 Mar, 2021 11:15am

Bullion Rate

Spot gold may test resistance at $1,746

A dotted trendline suggests a lower target around $1,750.

Published 15 Mar, 2021 11:05am

Bullion Rate

Gold sheds gains on hopes of swift recovery after China data

Investors are now awaiting the US Federal Reserve meeting this week for direction on monetary policy.

Published 15 Mar, 2021 11:00am

Bullion Rate

Gold rises on inflation worries after US stimulus approval

The number of Americans filing new jobless claims fell to a four-month low last week, while the US market morale rose to its highest in a year in early March.

Published 15 Mar, 2021 10:58am

Bullion Rate

Gold slips off 1-week peak as bond yields bounce back

A $1.9 trillion US COVID-19 relief bill was also approved on Wednesday.

Published 12 Mar, 2021 11:18am

Bullion Rate

Gold slips from 1-week peak as rising US bond yields weigh

The European Central Bank is likely to signal faster money printing on Thursday to keep a lid on borrowing costs but it will stop short of adding firepower to its already aggressive pandemic-fighting package.

Published 11 Mar, 2021 11:25am

Bullion Rate

Spot gold may retest resistance at $1,746

The rise could be driven by a wave 4, which may end below $1,769, as suggested by a falling trendline.

Published 11 Mar, 2021 10:53am

Bullion Rate

Spot gold may retest resistance at $1,716

On the daily chart, a bullish engulfing pattern formed, following the rise on Tuesday. It signals a further gain on Wednesday.

Published 10 Mar, 2021 10:47am

Bullion Rate

Gold rises on weaker US Treasury yields, dollar

Lower yields reduce the opportunity cost of holding the non-interest paying gold.

Published 10 Mar, 2021 10:45am

Bullion Rate

Gold recovers from 9-month low as US yields retreat

Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust fell to their lowest since April 2020 on Monday.

Published 09 Mar, 2021 11:00am

Bullion Rate

Spot gold may test support at $1,669

Regardless of its ending point, this wave may be disrupted by a strong bounce around $1,651.

Published 09 Mar, 2021 10:21am

Bullion Rate

Gold rebounds from 9-month low on weaker dollar, US stimulus

However, "the (gold) market may have fallen too steeply, too quickly", he added.

Published 08 Mar, 2021 10:11am

Bullion Rate

Spot gold may retest support at $1,691

The strong support at $1,651 may trigger a bounce towards $1,693.

Published 08 Mar, 2021 09:47am

Bullion Rate

Gold sinks to 9-month low as Fed remarks boost dollar, bond yields

CME Group Inc decreased margins for COMEX 100 Gold Futures contracts by 9.1%.

Published 05 Mar, 2021 10:19am

Bullion Rate

Venezuela opposition accuses government of illegal gold sales

Borges said the UAE was the "nerve center of this great theft of Venezuela's riches."

Published 04 Mar, 2021 11:03am

Bullion Rate

Spot gold may test support at $1,691

The break confirmed the continuation of the wave C towards its target zone.

Published 04 Mar, 2021 10:05am

Bullion Rate

Gold recovers from 9-month low, but higher yields weigh

The US Senate delayed the start of debate on a $1.9 trillion COVID-19 relief bill until at least Thursday.

Published 04 Mar, 2021 10:03am

Bullion Rate

Firm US yields keep gold under pressure

Fed officials, however, maintain that they will keep their easy money plans in place even in the face of a potential bout of inflation this spring in an economy boosted by vaccines and government spending.

Published 03 Mar, 2021 10:45am

Bullion Rate

Spot gold may retest support at $1,716

Only a break above $1,761 could signal the completion of the wave C. On the daily chart, gold is still testing the support at $1,723, the 76.4% projection level of a downward wave C from $1,959.01.

Published 03 Mar, 2021 10:00am

Bullion Rate

Gold falls to over 8-mth low on stronger dollar, higher yields

Focus also remains on the developments of the $1.9 trillion US coronavirus relief bill that will be debated in the Senate this week.

Published 02 Mar, 2021 12:03pm

Bullion Rate

Spot gold may fall into $1,669-$1,691 range

It might be too bold to target $1,460-$1,533 range right now. However, the preceding zigzagging fall does suggest a possible crash into this zone.

Published 02 Mar, 2021 10:05am

Bullion Rate

Gold prices edge higher as US Treasury yields retreat

US bank Wells Fargo said it has expanded its precious metals trading business, filling gaps in the market left by the withdrawal of Bank of Nova Scotia (Scotiabank).

Published 02 Mar, 2021 10:02am

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 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 20	273.10

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

Markets →

Calculate your monthly liability in FY24

Most Popular