Bullion Rate

Gold prices at 1-1/2-week low on dollar strength as Fed meeting looms

Meanwhile, speculators reduced their net long positions in COMEX gold in the week ended June 8 and raised their net long positions in silver.

Published 14 Jun, 2021 12:17pm

Bullion Rate

Spot gold to fall towards $1,842

On the daily chart, the correction triggered by the key resistance at $1,921 has extended.

Published 14 Jun, 2021 12:13pm

Bullion Rate

Gold tops $1,900/oz mark as dollar, yields dip after US data

Silver rose 0.7% to $28.16 per ounce, while platinum gained 0.3% to $1,153.82.

Published 11 Jun, 2021 12:34pm

Bullion Rate

Spot gold may test resistance at $1,911

The metal has completed the second pullback towards a falling trendline.

Published 11 Jun, 2021 11:11am

Bullion Rate

Gold hovers near $1,900/oz as dollar, yields dip after US data

Silver was steady at $27.96 per ounce, palladium slipped 0.5% to $2,763.87, while platinum edged 0.1% lower to $1,150.31.

Published 11 Jun, 2021 11:10am

Bullion Rate

Gold subdued as markets await for ECB decision, US data

The ECB policy decision is due at 1145 GMT. The central bank is all but certain to maintain a generous flow of stimulus when policymakers meet.

Published 10 Jun, 2021 12:26pm

Bullion Rate

Spot gold still targets $1,864-$1,877 range

Based on a retracement analysis, the pullback is towards $1,851.

Published 10 Jun, 2021 11:11am

Bullion Rate

Gold eases as dollar firms ahead of US data, ECB meeting

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose 0.6% to 1,043.16 tonnes on Wednesday from 1,037.33 tonnes on Tuesday.

Published 10 Jun, 2021 11:09am

Bullion Rate

Spot gold may retreat into $1,864-$1,877 range

The failures indicate an extension of the correction from the June 1 high of $1,916.40. Three waves make up the correction. The third wave labelled c is unfolding.

Published 09 Jun, 2021 12:22pm

Bullion Rate

Gold firms on lower bond yields; US data, ECB meet in focus

A global equity benchmark and two key European stock indexes touched new highs on Tuesday.

Published 09 Jun, 2021 12:19pm

Bullion Rate

Gold eases on firmer dollar as focus shifts to US inflation data

"I expect gold to jump around in a choppy $1,860 to $1,900 range this week, with last week's high at $1,917 an ounce unlikely to be retested this week."

Published 08 Jun, 2021 11:05am

Bullion Rate

Spot gold may retreat into $1,864-$1,877 range

A break above $1,898 could lead to a gain into $1,911-$1,919 range.

Published 07 Jun, 2021 11:30am

Bullion Rate

Gold slips as firmer dollar offsets easing US bond yields

Silver dipped 0.7% to $27.58 per ounce, palladium fell 0.1% to $2,841.20, while platinum rose 0.2% to $1,164.37.

Published 07 Jun, 2021 11:27am

Bullion Rate

Spot gold may rise into $1,886-$1,898 range

A break below $1,853 may cause a fall limited to $1,843.

Published 04 Jun, 2021 10:52am

Bullion Rate

Spot gold's target range of $1,932-$1,953 intact

Up till now, a pullback towards a falling trendline has not occurred. The occurrence may be near $1,959.

Published 03 Jun, 2021 12:04pm

Bullion Rate

Gold edges lower as dollar firms; focus on US economic data

Fed officials, led by Chair Jerome Powell, have said repeatedly they expect price pressures to be transitory and monetary stimulus to stay in place for some time.

Published 03 Jun, 2021 12:02pm

Bullion Rate

Gold prices hover near 5-month highs as US yields retreat

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell to 1,041.75 tonnes on Wednesday from 1,045.83 tonnes on Tuesday.

Published 03 Jun, 2021 11:56am

Bullion Rate

Spot gold still targets $1,932-$1,953 range

The shallow correction on the hourly chart seems due to a resistance at $1,921, which works as the last barrier towards $1,959.

Published 02 Jun, 2021 12:02pm

Bullion Rate

Gold retreats on firmer yields, stocks; US data in focus

Market participants' focus this week will be on US payrolls data due on Friday that can shed more light on global economic recovery.

Published 02 Jun, 2021 12:00pm

Bullion Rate

Gold prices near 5-month peak on weaker dollar, inflation worries

On the technical front, spot gold XAU may rise into a range of $1,932 to $1,953 per ounce, Reuters technical analyst Wang Tao said

Published 01 Jun, 2021 11:46am

Bullion Rate

Spot gold may rise into $1,932-$1,953 range

It is not very clear if the metal could break $1,921 in its current attempt.

Published 01 Jun, 2021 11:44am

Bullion Rate

Spot gold may test resistance at $1,919

This former resistance has turned into a strong support, which serves as a limit to a correction from the current level.

Published 31 May, 2021 11:33am

Bullion Rate

Gold stays above $1,900/oz after US inflation data lifts appeal

Physical gold demand in second-biggest bullion consumer India was negligible last week with most jewellery stores still shut by COVID-19 lockdowns, forcing dealers to offer steep discounts.

Published 31 May, 2021 11:30am

Bullion Rate

Gold set for best month since July 2020 on softer dollar, inflation woes

Palladium rose 0.5% to $2,839.72 per ounce, but it was set for its first monthly decline in four. Platinum climbed 0.9% to $1,187.50.

Published 31 May, 2021 11:27am

Bullion Rate

Asia Gold-Indian jewellers stay shut as lockdowns stifle demand

Singapore premiums were little changed at $1.2-$1.7.

Published 28 May, 2021 04:33pm

Bullion Rate

Spot gold may test resistance at $1,911

A condition is gold has to stay above a support at $1,886, as a break below could cause a fall into the range of $1,864 to $1,877.

Published 28 May, 2021 11:41am

Bullion Rate

Gold subdued as dollar, yields tick up ahead of US inflation data

Investors now await the monthly US personal consumption report due later in the day.

Published 28 May, 2021 11:40am

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

Gainers
Losers
Leaders

Stock	Price
Jahangir Siddiqui (R) / Jun 14 Jahangir Siddiqui & Co. Ltd (R)(JSCLR1)	6.01 ▲ 1.00 (19.96%)
Crescent Textile (R) / Jun 14 Crescent Textile Mills Ltd.(R)(CRTMR2)	6.76 ▲ 1.00 (17.36%)
Al-Mali / Jun 14 Modaraba Al-Mali(MODAM)	8.99 ▲ 0.98 (12.23%)
A. Shah Ghazi / Jun 14 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	9.51 ▲ 1.00 (11.75%)
Universal Ins. / Jun 14 The Universal Insurance Company Limited(UVIC)	6.11 ▲ 0.58 (10.49%)
Ashfaq Textile / Jun 14 Ashfaq Textile Mills Limited(ASHT)	11.00 ▲ 1.00 (10.00%)
Byco Petr. / Jun 14 Byco Petroleum Pakistan Limited(BYCO)	12.83 ▲ 1.00 (8.45%)
Int. Ind. / Jun 14 International Industries Limited(INIL)	227.68 ▲ 15.88 (7.50%)
Int. Steel / Jun 14 International Steels Limited(ISL)	98.35 ▲ 6.86 (7.50%)
Khairpur / Jun 14 Khairpur Sugar Mills Limited(KPUS)	49.45 ▲ 3.45 (7.50%)

Stock	Price
Tri-Star Power / Jun 14 Tri-Star Power Limited(TSPL)	6.30 ▲ -0.61 (-8.83%)
Shadman Cotton / Jun 14 Shadman Cotton Mills Limited(SHCM)	30.26 ▲ -2.45 (-7.49%)
Landmark Sp. / Jun 14 Landmark Spinning Industries Limited(LMSM)	26.14 ▲ -2.11 (-7.47%)
Agritech / Jun 14 Agritech Limited(AGL)	6.71 ▲ -0.53 (-7.32%)
Frontier Cer. / Jun 14 Frontier Ceramics Limited(FRCL)	35.21 ▲ -2.74 (-7.22%)
Bilal Fibres / Jun 14 Bilal Fibres Limited(BILF)	3.65 ▲ -0.25 (-6.41%)
HBL Inv.Fund / Jun 14 HBL Investment Fund(HIFA)	3.00 ▲ -0.20 (-6.25%)
Shahtaj Sug. / Jun 14 Shahtaj Sugar Mills Limited(SHJS)	58.20 ▲ -3.75 (-6.05%)
First Pak Modaraba / Jun 14 First Pak Modaraba(PAKMI)	2.81 ▲ -0.18 (-6.02%)
Colony Textile / Jun 14 Colony Textile Mills Limited(CTM)	6.55 ▲ -0.41 (-5.89%)

Stock	Volume
Byco Petr. / Jun 14 Byco Petroleum Pakistan Limited(BYCO)	108,461,000 ▼ 0.00
Hum Network / Jun 14 Hum Network Limited(HUMNL)	108,053,000 ▼ 0.00
Worldcall / Jun 14 Worldcall Telecom Limited(WTL)	97,886,000 ▼ 0.00
Aisha Steel / Jun 14 Aisha Steel Mills Limited(ASL)	40,490,000 ▼ 0.00
Agritech / Jun 14 Agritech Limited(AGL)	38,947,000 ▼ 0.00
Pakistan Refinery / Jun 14 Pakistan Refinery Limited(PRL)	38,684,500 ▼ 0.00
Pak Petroleum / Jun 14 Pakistan Petroleum Limited(PPL)	32,554,179 ▼ 0.00
Hascol Petroleum / Jun 14 Hascol Petroleum Limited(HASCOL)	30,033,280 ▼ 0.00
K-Electric Ltd / Jun 14 K-Electric Limited(KEL)	28,725,000 ▼ 0.00
Ghani Global Hold. / Jun 14 Ghani Global Holdings Limited(GGL)	28,496,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 11	155.85
USD PKR Interbank Buying / Jun 11	155.75
USD to Japanese Yen / Jun 11	109.66
USD to Swiss Franc / Jun 11	0.90
Pound Sterling to USD / Jun 11	1.41
Euro to USD / Jun 11	1.21
UK LIBOR % / Jun 11	0.06

Stock	Volume
S&P 500 / Jun 11	4247.44
India Sensex / Jun 11	52474.76
Tokyo Nikkei / Jun 11	28948.73
Nasdaq / Jun 11	14069.43
Hang Seng / Jun 11	28842.13
FTSE 100 / Jun 11	7134.06
Dow Jones / Jun 11	34479.60
Germany DAX 30 / Jun 11	15693.27
France CAC40 / Jun 11	6600.66

Item	Value
Crude Oil / Jun 11	70.91
Karachi Cotton Assoc. / Jun 11	12300.00
Gold 10 Grams / Jun 11	89163.00
Gold Spot / Jun 11	1879.60
Cotton / Jun 11	87.92

Bullion Rate

Gold prices at 1-1/2-week low on dollar strength as Fed meeting looms

Spot gold to fall towards $1,842

Gold tops $1,900/oz mark as dollar, yields dip after US data

Spot gold may test resistance at $1,911

Gold hovers near $1,900/oz as dollar, yields dip after US data

Gold subdued as markets await for ECB decision, US data

Spot gold still targets $1,864-$1,877 range

Gold eases as dollar firms ahead of US data, ECB meeting

Spot gold may retreat into $1,864-$1,877 range

Gold firms on lower bond yields; US data, ECB meet in focus

Gold eases on firmer dollar as focus shifts to US inflation data

Spot gold may retreat into $1,864-$1,877 range

Gold slips as firmer dollar offsets easing US bond yields

Spot gold may rise into $1,886-$1,898 range

Spot gold's target range of $1,932-$1,953 intact

Gold edges lower as dollar firms; focus on US economic data

Gold prices hover near 5-month highs as US yields retreat

Spot gold still targets $1,932-$1,953 range

Gold retreats on firmer yields, stocks; US data in focus

Gold prices near 5-month peak on weaker dollar, inflation worries

Spot gold may rise into $1,932-$1,953 range

Spot gold may test resistance at $1,919

Gold stays above $1,900/oz after US inflation data lifts appeal

Gold set for best month since July 2020 on softer dollar, inflation woes

Asia Gold-Indian jewellers stay shut as lockdowns stifle demand

Spot gold may test resistance at $1,911

Gold subdued as dollar, yields tick up ahead of US inflation data

Spot gold may retest resistance at $1,911

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

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

Most Popular Articles

Pakistan eyes to enter $90bn gaming industry with upcoming program

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

Pakistan’s First Ever Motorsports Arena to be Build in KPK

PM vows to provide full support to textile industry amid historic demand