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Archive

Markets - Commodities

Saturday, May 30, 2020

Gold gains in New York
Commodities

Gold gains in New York

Gold rose 1% on Friday as caution set in with investors awaiting US President Donald Trump's response to a Chinese national security law for Hong Kong and its potential impact on an already fragile global economy.
Published 30 May, 2020 12:06am
Dalian iron ore futures fall to three-day low
Commodities

Dalian iron ore futures fall to three-day low

Benchmark iron ore futures on the Dalian Commodity Exchange snapped a three-day slump to gain as much as 2.4% on Thursday, boosted by firm demand at steel mills as construction restarts speed up amid the government's consumption stimulus.
Published 30 May, 2020 12:06am
No shortage of wheat in province: minister
Commodities

No shortage of wheat in province: minister

Taking notice of the Flour Mills Association's statement on wheat and flour prices, Punjab Senior & Food Minister Abdul Aleem Khan has said that the move is unilateral by the association.
Published 30 May, 2020 12:06am
PSMC Stakeholders: Group approaches minister
Commodities

PSMC Stakeholders: Group approaches minister

Pakistan Steel Mills Corporation (PSMC) Stakeholders Group has approached Minister for Industries and Production, Hammad Azhar for a meeting prior to resubmission of employees retrenchment plan to the Economic Coordination Committee (ECC) of the Cabinet.
Published 30 May, 2020 12:06am