Trends - Asia Gold - Business Recorder

Asia Gold

Asia gold: India flips to discount, China demand stays robust

Physical gold dealers in India were forced to offer discounts this week as purchases moderated heading into the end...

Published 10 Mar, 2023 05:35pm

Markets

Asia gold: China demand buoyant, India ramps up purchases

BENGALURU /MUMBAI: Physical gold prices traded at a premium in India this week, as a drop in domestic rates...

Published 05 Mar, 2023 03:36am

Markets

Asia gold: China demand buoyant, India ramps up purchases

Physical gold prices traded at a premium in India this week, as a drop in domestic rates encouraging buying, while...

Updated 03 Mar, 2023 06:37pm

Markets

Asia gold: India rates flip to premium as price drop lures buyers

A sharp retreat in domestic prices boosted retail demand for physical gold in India this week, prompting dealers to...

Published 17 Feb, 2023 04:53pm

Markets

Spot gold still targets $1,828-$1,844 range

SINGAPORE: Spot gold still targets a range of $1,828 to $1,844 per ounce, as it has broken a rising trendline. This...

Published 13 Feb, 2023 10:22am

Markets

Gold eases on firm dollar as US inflation test looms

Gold prices inched lower as the dollar firmed on Monday, a day ahead of key US inflation data that could steer the...

Updated 13 Feb, 2023 04:48pm

Markets

Asia gold: Price dip sparks buying in key hubs, China premiums firm

Physical gold buyers in some Asian hubs were drawn to a dip in domestic prices this week, while central bank demand...

Published 10 Feb, 2023 06:53pm

Markets

Gold price shoots to record high, now stands at Rs202,500 per tola

Surge comes after sharp rupee depreciation against dollar

Published 27 Jan, 2023 07:49pm

Markets

Asia gold: Indian dealers offer hefty discounts as high prices dent sales

Physical gold dealers in India offered the steepest discounts in 10 months this week to lure customers, as a sharp...

Published 27 Jan, 2023 05:54pm

Markets

Asia gold: China demand slows ahead of holiday; Japan, Singapore cash in on high prices

Physical gold demand in China moderated this week in the run-up to the Lunar New Year holiday, while in Japan and...

Published 20 Jan, 2023 06:38pm

Markets

Asia gold: China premiums rally; record-high India prices discourage buying

Premiums for physical gold rose sharply in China this week, buoyed by optimism around the country’s reopening before...

Published 13 Jan, 2023 04:56pm

Markets

Asia Gold: India demand slows as high prices, holidays put off customers

Physical gold demand in India remained muted this week as domestic prices jumped to their highest level in nearly...

Published 30 Dec, 2022 05:46pm

Markets

Asia Gold: Indian dealers offer steeper discounts to lure price-wary buyers

Indian gold dealers offered bigger discounts to attract consumers who delayed purchases due to a spike in prices...

Published 16 Dec, 2022 06:19pm

Markets

Asia Gold: COVID curbs take a toll on China market, India still in discount

Physical gold demand in Asia stayed soft this week, with premiums in top hub China easing further as fresh COVID-19...

Published 23 Nov, 2022 05:04pm

Markets

Asia Gold: China premiums spike; price dip gives fillip to India demand

Premiums on physical gold in top consumer China jumped this week amid uncertainty over fresh import quotas, while an...

Published 02 Sep, 2022 06:49pm

Markets

Spot gold may retest support at $1,837

SINGAPORE: Spot gold may retest a support at $1,837 per ounce, a break could open the way towards $1,814-$1,830...

Published 07 Jun, 2022 10:33am

Markets

Asia Gold: Discounts widen in India as prices rise, wedding demand cools

Gold discounts widened in India this week as demand faltered due to a rise in prices and a winding up of wedding...

Published 03 Jun, 2022 07:13pm

Markets

Asia Gold: Discounts in India widen, China’s COVID curbs keep demand muted

Gold discounts widened in India this week as demand faltered due to rise in prices, while demand in top consumer...

Published 27 May, 2022 06:18pm

Markets

Asia Gold: India discounts ease slightly on price reprieve

BENGALURU/MUMBAI: Physical gold dealers in India reduced discounts this week as demand picked up slightly after...

Published 24 Apr, 2022 06:47am

Markets

Asia Gold: Festivities, lower domestic prices revive demand in India

Physical gold demand in India improved this week as domestic prices dropped ahead of a festival over the weekend,...

Published 01 Apr, 2022 06:18pm

Markets

Asia Gold: India discounts steepen; Asian consumers take advantage of price rally

BENGALURU: Indian dealers offered the highest discounts in nearly 17 months this week as buyers postponed physical...

Published 27 Feb, 2022 06:39am

Markets

Asia Gold: India discounts steepen; Asian consumers take advantage of price rally

Indian dealers offered the highest discounts in nearly 17 months this week as buyers postponed physical gold...

Published 25 Feb, 2022 08:30pm

Markets

Asia Gold: High prices hit purchases, Indian dealers offer big discounts

Buyers in major Asian hubs put off physical gold purchases this week due to a rally in prices on escalating...

Published 18 Feb, 2022 07:24pm

Markets

Asia gold: Physical demand slow due to high prices in India

BENGALURU/ MUMBAI: Physical gold demand in India was subdued this week as consumers postponed purchases due to ...

Published 13 Feb, 2022 05:48am

Markets

Asia Gold: Price rise dulls activity in India; Singapore demand ticks up

Physical gold demand in India was subdued this week as consumers postponed purchases due to higher domestic prices...

Published 11 Feb, 2022 06:37pm

Markets

Asia Gold: Firm demand in top hubs ahead of Lunar New Year

Top Asian hubs saw firm demand for physical gold this week in the run up to the Lunar New Year holiday, while buyers...

Published 28 Jan, 2022 07:16pm

Markets

Asia Gold: Higher prices, coronavirus surge check demand in India

Physical gold buying faltered in India this week as prices climbed and rising coronavirus cases prompted consumers ...

Published 14 Jan, 2022 05:20pm

Markets

Asia Gold: Indian dealers charge a premium, but virus curbs dim outlook

An uptick in retail appetite for physical gold prompted dealers in India to charge premiums this week, although new...

Published 07 Jan, 2022 07:20pm

Markets

Asia Gold: Indians step up purchases

MUMBAI: Physical gold demand in India showed a modest improvement this week as some buyers rushed to stores...

Published 19 Dec, 2021 04:37am

Markets

Asia Gold-Activity picks up in most hubs, volatility saps India demand

• China premiums at $7-$10 an ounce, India flips to discount • Wholesalers, businesses buying more in...

Published 11 Dec, 2021 04:12am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▼ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▼ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▲ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▲ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▲ 0.00 (0.00%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,487,500 ▲ 0.00
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,071,860 ▲ 0.00
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▲ 0.00
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,792,084 ▲ 0.00
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,968,150 ▲ 0.00
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,558,000 ▲ 0.00
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,387,500 ▲ 0.00
Meezan Bank / Mar 23 Meezan Bank Limited(MEBL)	3,700,308 ▲ 0.00
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	3,587,106 ▲ 0.00
Maple Leaf Cement / Mar 23 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 23	130.66
USD to Swiss Franc / Mar 23	0.92
Pound Sterling to USD / Mar 23	1.23
Euro to USD / Mar 23	1.09
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 22	3936.97
Nasdaq / Mar 22	11669.96
FTSE 100 / Mar 22	7566.84
Dow Jones / Mar 22	32030.11
Germany DAX 30 / Mar 22	15216.19
France CAC40 / Mar 22	7131.12
India Sensex / Mar 23	58237.40
Tokyo Nikkei / Mar 23	27437.56
Hang Seng / Mar 23	19839.01

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 23	70.15
Gold Spot USD/Ounce / Mar 23	1979.86
Cotton US¢/pound / Mar 23	78.84

Asia Gold

Most Popular Articles