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Markets - Commodities

Tuesday, September 15, 2020

Slowing investor demand looms over gold prices
Commodities

Slowing investor demand looms over gold prices

  • Investors seeking safety in gold, which typically holds its value during troubled economic and political times.
  • They have added about 959 tonnes of gold worth $60 billion at current prices to their holdings in physically-backed Exchange Traded Funds (ETFs) so far this year.
Published 15 Sep, 2020 09:13pm
Gold gains as dollar softens ahead of Fed meeting
Commodities

Gold gains as dollar softens ahead of Fed meeting

  • Spot gold rose 0.6% to $1,968.94 per ounce by 1157 GMT, having earlier climbed to $1,971.71, its highest since Sept. 2. US gold futures rose 0.7% to $1,977.10 per ounce.
  • The dollar weakness is playing its part but also some anticipation of continued support from the FOMC has helped the market.
Published 15 Sep, 2020 05:52pm
Gold prices up
Commodities

Gold prices up

KARACHI: Gold on Monday grew by Rs400 to Rs114400 per tola on the local market, traders said. The precious metal ...
Published 15 Sep, 2020 02:27am
PMEX daily trading report
Currency

PMEX daily trading report

KARACHI: On Friday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 7.641 billion and...
Published 15 Sep, 2020 02:27am
Palm oil surge 3pc
Exchange

Palm oil surge 3pc

KUALA LUMPUR: Malaysian palm oil futures rallied more than 3% to their highest in over seven months on Monday,...
Published 15 Sep, 2020 02:27am
Gold prices up in Asia
Commodities

Gold prices up in Asia

SINGAPORE: Gold prices rose in Asian trade on Monday supported by a weaker dollar, while investors looked forward to...
Published 15 Sep, 2020 02:27am
Gold gains in Europe
Commodities

Gold gains in Europe

LONDON: Gold jumped about 1% on Monday as the dollar weakened, while expectations around the US Federal Reserve...
Published 15 Sep, 2020 02:27am
Tokyo rubber rises
Commodities

Tokyo rubber rises

TOKYO: Japanese rubber futures closed more than 1% higher on Monday as the country's ruling party elected a new...
Published 15 Sep, 2020 02:27am
US MIDDAY: Gold jumps
Commodities

US MIDDAY: Gold jumps

NEW YORK: Gold jumped 1% on Monday as the dollar weakened, while expectations around the US Federal Reserve...
Published 15 Sep, 2020 02:27am
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