Topic

Asian Gold Trade

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

Published 28 Jan, 2022 07:16pm

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

Asia Gold: India slips to discounts, China demand seen up post holiday

Published 08 Oct, 2021 06:40pm

India at $2/oz discount versus $4/oz premium last week
China premiums ease to $8-$9/oz

Gold falls as investors await US jobs data

Published 03 Aug, 2021 11:20am

Spot gold fell 0.2% to $1,810.56 per ounce by 0121 GMT, while US gold futures fell 0.5% to $1,813.80

Gold price increases by Rs200 to Rs109,550 per tola

Published 28 Jul, 2021 07:34pm

ISLAMABAD: The price of 24 karat per tola gold increased by Rs200 and was sold at Rs109,550 on Wednesday against its...

Asian markets mixed after inflation spooks traders ahead of Fed

Published 16 Jun, 2021 10:17am

Bank officials have consistently sought to assure markets that the expected surge in inflation will be temporary and monetary policy will be kept accommodative for as long as the economy needs it.

Spot gold may retest resistance at $1,911

Published 27 May, 2021 11:58am

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.

Spot gold may retreat into $1,830-$1,847 range

Published 18 May, 2021 10:58am

On the daily chart, the metal faces a similar resistance at $1,874, which may trigger a pullback towards the falling trendline.

Asia Gold-Demand plunges in pandemic-battered India

Published 07 May, 2021 05:29pm

Indian jewellers have also stopped making purchases- dealer.
India discounts widen to $3/oz versus $2/oz last week.
China, Japan return from holidays, but demand muted.
Hong Kong premiums at $0.8-$1.8/oz, Singapore at $1.5-$2.0.

Asia Gold-India swings to discount as pandemic stalls demand

Published 30 Apr, 2021 08:52pm

Jewellery stores witnessing negligible footfalls- Mumbai dealer.
India offers discounts of $2/oz versus $2 premium last week.
Demand up 30% vs last week on price volatility -Singapore dealer.

Asia Gold-Second coronavirus wave stifles demand in India

Published 23 Apr, 2021 05:38pm

Buyers unwilling to step out due to COVID-19 - Indian wholesaler.
China premiums rise to $8-$10/oz versus $7-$9 last week.
Consumers reluctant due to higher prices - Singapore dealer.

Asia Gold-Price dip lures some buyers, activity still muted in India

Published 01 Apr, 2021 08:26pm

China premiums little changed at $7-$10/oz.
India premiums ease to $4 versus $5 last week.

Asian markets track Wall St records on reopening hopes

Published 09 Feb, 2021 10:26am

Bitcoin pushed to a new record of $47,492.93 after getting a huge boost from news that Elon Musk's electric carmaker Tesla had invested $1.5 billion in the cryptocurrency and said it would soon accept it as payment.

Spot gold may fall to $1,818

Published 28 Jan, 2021 10:04am

The support is identified as the 23.6% projection level of a downward wave C from $1,874.86. This wave is capable of travelling to $1,783.

Spot gold may fall into $1,832-$1,845 range

Published 22 Jan, 2021 11:08am

It is still too early to conclude that the downtrend from $1,959.01 has resumed, even though it may eventually extend to $1,769.

US oil may rise into $50.66-$51.34 range

Published 06 Jan, 2021 02:31pm

On the daily chart, the big white candlestick forming on Tuesday represents a very bullish sentiment. The rise could be accelerating.

Asia Gold-Demand slows in top hubs as holiday mood dulls activity

Published 31 Dec, 2020 08:14pm

India switches to premium of $2.5/oz vs last week's $2 discount.
China discounts unchanged at $15-$20/oz.
Dealers concerned about new coronavirus variant.
Spot gold prices set for 1% gain this week.

Tokyo stocks open higher ahead of holiday season

Published 24 Dec, 2020 09:08am

The Dow ended up 0.4 percent to 30,129.83 and the broad-based S&P 500 advanced 0.1 percent, while the tech-rich Nasdaq dropped 0.3 percent.

Tokyo stocks open lower on virus worries

Published 22 Dec, 2020 08:58am

SoftBank Group was down 1.13 percent at 8,393 yen following reports that it applied for an initial public offering of a special purpose acquisition company (SPAC) called SVF Investment to raise up to $525 million.

Gold falls in Asia

Updated 11 Dec, 2020 10:41am

SINGAPORE: Gold prices edged lower in Asian trade on Thursday, following a steep sell-off in the previous session, ...

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KSE30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Crude Oil USD/Barrel / Jul 21	82.50
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,050.88
Cotton US¢/pound / Jul 21	79.38
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.39 ▲ 0.24 (11.16%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)

Stock	Price
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.68 ▼ -1.41 (-10.01%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	414.40 ▼ -46.02 (-10%)
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	79.05 ▼ -8.78 (-10%)
Shams Textile / Jul 21 Shams Textile Mills Limited(STML)	57.58 ▼ -6.4 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Pakistan Credit Rating Agency / Jul 21 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	36 ▼ -3.62 (-9.14%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	22.90 ▼ -2.21 (-8.8%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98.02 ▼ -7.77 (-7.34%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.71 ▼ -0.61 (-7.33%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	263,436,960 ▼ -0.69
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	110,849,016 ▲ 0.24
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	73,851,952 ▲ 0.89
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	58,224,946 ▲ 0
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	26,116,799 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	24,336,000 ▲ 0.97
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	22,413,148 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	20,069,620 ▲ 0.41
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	15,692,784 ▲ 0.14
Maple Leaf Cement / Jul 21 Maple Leaf Cement Factory Limited(MLCF)	13,608,067 ▼ -2.01

Asian Gold Trade

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