Markets

Gold, silver fall sharply in broad sell-off

NEW YORK : Silver prices fell 7 percent and gold tumbled on Wednesday, as risk aversion among investors and weaker oil a

Abdul Ahad Published September 28, 2011

Silver NEW YORK: Silver prices fell 7 percent and gold tumbled on Wednesday, as risk aversion among investors and weaker oil and grain prices triggered a broad sell-off of financial assets.

Bullion was down 3 percent at $1,599.99 an ounce by 2:21 p.m. EDT (1821 GMT), and silver dropped 7.6 percent at $29.42 an ounce.

Copyright Reuters, 2011

Gold

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Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 6	153.92
USD to Swiss Franc / May 6	0.91
Pound Sterling to USD / May 6	1.25
Euro to USD / May 6	1.08

Currency

Rate

USD PKR Interbank Selling / May 6

278.40

USD PKR Interbank Buying / May 6

278.20

USD to Japanese Yen / May 6

153.92

USD to Swiss Franc / May 6

0.91

Pound Sterling to USD / May 6

1.25

Euro to USD / May 6

1.08

Stock	Volume
S&P 500 / May 3	5127.79
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60
France CAC40 / May 3	7957.57
India Sensex / May 6	74134.73

Stock

Volume

S&P 500 / May 3

5127.79

Tokyo Nikkei / May 3

38236.07

Nasdaq / May 3

16156.33

FTSE 100 / May 3

8213.49

Dow Jones / May 3

38675.68

Germany DAX 30 / May 3

18001.60

France CAC40 / May 3

7957.57

India Sensex / May 6

74134.73

Item	Value
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Petrol/Litre / May 6	288.49
Crude Oil USD/Barrel / May 6	78.37
Gold Spot USD/Ounce / May 6	2311.29
Diesel/Litre / May 6	281.96

Item

Value

Karachi Cotton PKR/37.32 KG / May 3

20535

Gold 10 Grams PKR / May 3

205418

Petrol/Litre / May 6

288.49

Crude Oil USD/Barrel / May 6

78.37

Gold Spot USD/Ounce / May 6

2311.29

Diesel/Litre / May 6

281.96

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / May 6

786 Investments Limited(786)

▼ 0.00 (0.00%)

AL-Abbas Sugar / May 6

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / May 6

Agro Allianz Limited(AAL)

▼ 0.00 (0.00%)

AL-Abid Silk / May 6

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / May 6

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / May 6

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / May 6

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / May 6

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / May 6

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock

Price

786 Invest Ltd / May 6

786 Investments Limited(786)

▲ 0.00 (0.00%)

AL-Abbas Sugar / May 6

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / May 6

Agro Allianz Limited(AAL)

▲ 0.00 (0.00%)

AL-Abid Silk / May 6

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / May 6

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / May 6

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / May 6

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / May 6

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / May 6

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Stock

Volume

P.I.A.C.(A) / May 6

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / May 6

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / May 6

Pakistan Petroleum Limited(PPL)