Trends - bullion - Business Recorder

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Gold eases in tight range as traders gauge firm dollar, Fed rate pause

Gold prices edged lower but traded in a relatively tight range on Friday as the dollar steadied, while investors...

Published 24 Mar, 2023 12:29pm

Markets

Spot gold may revisit March 20 high of $2,009

SINGAPORE: Spot gold may revisit its March 20 high of $2,009 per ounce, driven by a wave (5). The drop from this...

Published 24 Mar, 2023 10:09am

Markets

Spot gold may rise into $1,992 to $2,009 range

SINGAPORE: Spot gold may rise into a range of $1,992 to $2,009 per ounce, as it has recovered strongly from the...

Published 23 Mar, 2023 11:32am

Markets

Gold listless as investors strap in for Fed rate verdict

Gold prices traded in a narrow range on Wednesday as some investors stayed on the sidelines ahead of the US Federal...

Published 22 Mar, 2023 01:01pm

Markets

Spot gold may bounce into $1,951-$1,958 range

SINGAPORE: Spot gold may bounce into a range of $1,951 to $1,958 per ounce, as it has stabilized around a support at...

Published 22 Mar, 2023 10:12am

Markets

Gold inches higher as investors focus on Fed meeting

Gold prices edged higher on Tuesday, with investors looking forward to the Federal Reserve policy meeting as...

Published 21 Mar, 2023 11:20am

Markets

Spot gold to retest support at $1,971

SINGAPORE: Spot gold is expected to retest a support at $1,971 per ounce, probably to break it and fall into...

Published 21 Mar, 2023 10:20am

Markets

Gold bounces to 1-year high as banking sector concerns return to fore

Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the...

Updated 20 Mar, 2023 03:31pm

Markets

Spot gold to retest resistance at $1,992

SINGAPORE: Spot gold is expected to retest a resistance at $1,992 per ounce, a break above could lead to a gain to...

Published 20 Mar, 2023 10:30am

Markets

Gold gains, set for best week since mid-Nov on banking crisis woes

Gold advanced on Friday buoyed by a weaker dollar and was poised for its biggest weekly gain since mid-November, as...

Published 17 Mar, 2023 11:56am

Markets

Spot gold biased to retest support at $1,917

SINGAPORE: Spot gold is biased to retest a support at $1,917 per ounce, a break below which could open the towards a...

Published 17 Mar, 2023 10:35am

Markets

Spot gold may retest resistance of $1,917

SINGAPORE: Spot gold may retest a resistance of $1,917 per ounce, a break above could lead to a gain into the...

Published 15 Mar, 2023 11:03am

Markets

Spot gold may retest resistance of $1,917

SINGAPORE: Spot gold may retest a resistance of $1,917 per ounce, a break above could lead to a gain into the...

Published 14 Mar, 2023 11:35am

Markets

Gold slips but holds above $1,900 on Fed slowdown hopes

Gold prices slipped on Tuesday from a more than five-week high, but held just above the key $1,900 level as...

Published 14 Mar, 2023 11:03am

Markets

Gold bounces 1% as investors seek cover from US banking rout

Gold prices jumped more than 1% and made a run towards the key $1,900 level on Monday as fears of a fallout from the...

Published 13 Mar, 2023 11:15am

Markets

Spot gold may test resistance zone of $1,897 to $1,900

SINGAPORE: Spot gold may test a resistance zone of $1,897 to $1,900 per ounce, a break above could lead to a gain to...

Published 13 Mar, 2023 10:40am

Markets

Gold drifts lower in run-up to US payrolls data

Gold prices eased on Friday as investors looked forward to the US non-farm payrolls report due later in the day to...

Published 10 Mar, 2023 12:18pm

Markets

Spot gold may bounce again to $1,825

SINGAPORE: Spot gold may bounce again to $1,825 per ounce before turning around and falling towards its Feb. 28 low...

Published 09 Mar, 2023 12:39pm

Markets

Gold moves in narrow range as investors await US jobs data

Gold prices traded in a tight range on Thursday as some investors stayed on the sidelines ahead of US jobs data that...

Published 09 Mar, 2023 11:25am

Markets

Spot gold may drop more to $1,837

SINGAPORE: Spot gold may drop more to $1,837 per ounce, following its failure to break a key resistance at $1,857....

Published 07 Mar, 2023 10:32am

Markets

Gold edges higher as investors focus on Powell testimony

Gold prices rose marginally on Tuesday as investors awaited Congressional testimony by US Federal Reserve Chair...

Published 07 Mar, 2023 10:30am

Markets

Gold eases as traders fret about interest rates

Gold prices ticked lower on Monday as central banks indicated further interest rate hikes to tame stubbornly high...

Published 06 Mar, 2023 11:36am

Markets

Spot gold may extend gains into $1,867-$1,876 range

SINGAPORE: Spot gold may extend gains into a range of $1,867-$1,876 per ounce, as it has more or less broken a...

Published 06 Mar, 2023 10:32am

Markets

Gold retreats as investors navigate interest rate outlook

Gold prices were lower on Thursday as the dollar firmed, with a fresh set of global economic data cementing investor...

Published 02 Mar, 2023 10:48am

Markets

Gold rises for third day on softer dollar; rate-hike fears linger

Gold edged up for a third session on Wednesday as the dollar pulled back, although fears of more US interest rate...

Published 01 Mar, 2023 10:58am

Markets

Spot gold may bounce to $1,830

SINGAPORE: Spot gold may bounce to $1,830 per ounce, as it has broken a resistance at $1,816. The metal touched a...

Published 28 Feb, 2023 10:26am

Markets

Gold touches 2-month low as rate hike bets dull outlook

Gold fell to a two-month low on Monday as strong US economic data sparked worries of more interest rate hikes by the...

Updated 27 Feb, 2023 05:27pm

Markets

Gold listless as traders look to US data for Fed cues

Gold traded in a tight range on Tuesday as investors refrained from taking big positions ahead of US economic data...

Published 21 Feb, 2023 11:45am

Markets

Gold hemmed in tight range on Fed caution

Gold prices were stuck in a tight range on Monday, as bets of more interest rate hikes from the US Federal Reserve...

Published 20 Feb, 2023 11:09am

Markets

Spot gold may bounce more to $1,853

SINGAPORE: Spot gold may bounce more to $1,853 per ounce, as it has more or less broken a resistance at $1,842. The...

Published 20 Feb, 2023 09:05am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 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 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

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