Trends - Gold - Business Recorder

Gold

Spot gold still targets April 8 high of $1,758.45

A rise above $1,758.45 could confirm a double-bottom, which will suggest a target of $1,851. A break below $1,719 may cause a fall into the range of $1,677-$1,697.

Published 15 Apr, 2021 11:33am

Markets

Gold falls in NY

NEW YORK: Gold fell on Wednesday as an uptick in US Treasury yields weighed on the non-yielding bullion’s appeal,...

Published 15 Apr, 2021 03:22am

Markets

Gold prices slightly up

KARACHI: Gold prices on Wednesday gained some weight on the local market, traders said. The precious metal price ...

Published 15 Apr, 2021 03:22am

Pakistan

Bullion prices on Wednesday

Following were the bullion prices in Karachi on Wednesday.

Published 14 Apr, 2021 11:37pm

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 8.551 ...

Published 14 Apr, 2021 03:21am

Markets

Gold gains ground in New York trade

• Platinum, palladium climb NEW YORK: Gold prices bounced off a more than one-week low on Tuesday after data...

Published 14 Apr, 2021 03:21am

Markets

Gold rebounds after strong U.S. inflation data, weaker dollar

The U.S. dollar slipped to three-week lows after the data, making gold more appealing for holders of other currencies, while benchmark 10-year Treasury yields also ticked lower.

Updated 14 Apr, 2021 12:01am

Markets

Gold edges lower as firmer bond yields, recovery hopes weigh

Asian stocks traded cautiously, taking a lead from the US markets, as investors waited for cues from the upcoming corporate earnings season and a key inflation report later this week.

Published 13 Apr, 2021 11:04am

Markets

Gold falls in European trade

AMSTERDAM/LONDON: Gold fell on Monday as an uptick in US Treasury yields dimmed bullion’s appeal, while investors...

Published 13 Apr, 2021 04:31am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold fell on Monday as an uptick in US Treasury yields weighed on bullion’s appeal, while investors...

Published 13 Apr, 2021 04:31am

Markets

Gold prices decline

KARACHI: A falling trend continues to hit the local gold market on Monday, traders said. The precious metal saw a...

Published 13 Apr, 2021 04:31am

Markets

Stocks slip from record highs before U.S. bank earnings

The S&P 500's P/E ratio on a forward 12-month basis is 23.5, a more than 40pc premium to its 20-year average, according to CFRA.

Updated 13 Apr, 2021 12:09am

Markets

Gold slips as firmer US yields dull appeal

US CPI data due on Tuesday.
US economy at "inflection point," Fed chair says.

Published 12 Apr, 2021 08:30pm

Markets

Brent oil remains neutral in $62.84-$63.84 range

There might be two different moves when the consolidation is over: A weak bounce towards $66.15 and a deep fall towards $54.43.

Published 12 Apr, 2021 10:02am

Markets

Gold prices slip as yields gain on higher inflation

Hedge funds and money managers raised their bullish positions in COMEX gold and silver contracts in the week to April 6, the US Commodity Futures Trading Commission (CFTC) said on Friday.

Published 12 Apr, 2021 09:55am

Markets

Gold slips in European trade

LONDON: Gold slipped more than 1% on Friday, weighed down by a jump in US Treasury yields and a rebound in the...

Published 10 Apr, 2021 04:34am

Markets

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices

Published 10 Apr, 2021 04:34am

Covid-19: Proposed anti-smuggling law envisages heavy fines

ISLAMABAD: A proposed law has empowered the law enforcement agencies and customs to impose heavy fines on smugglers...

Published 10 Apr, 2021 04:34am

Markets

Gold slips on buoyant bond yields; set for weekly gain

Spot gold was 0.7pc lower at $1,744.07 per ounce by 1:44 p.m. EDT (1744 GMT), having hit its highest price since March 1 at $1,758.45 on Thursday.

Updated 10 Apr, 2021 12:11am

Markets

Spot gold may rise more to $1,785

On the daily chart, gold is rising towards a resistance at $1,769, the 61.8% projection level of a downward wave C from $1,959.01.

Published 09 Apr, 2021 11:02am

Markets

Gold set for first weekly gain in three on weakening dollar

The US central bank intends to maintain its ultra-easy stance even though data suggest the economy revving up.

Published 09 Apr, 2021 09:41am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.914...

Published 09 Apr, 2021 04:51am

Markets

Gold climbs in NY

NEW YORK: Gold prices climbed to their highest level in more than a month on Thursday as the dollar and US yields...

Published 09 Apr, 2021 04:51am

Markets

Gold firms near 1-month peak as dollar, U.S. yields retreat

Spot gold rose 1.11pc to $1,756.56 per ounce by 1:43 p.m. EDT (1743 GMT), having earlier hit its highest since March 1 at $1,758.45.

Updated 09 Apr, 2021 12:07am

Markets

Gold hits 3-week peak as Fed's dovish tone pressures dollar, yields

Fed committed to support economy until recovery more secure.
Markets eye Powell's speech at IMF conference
Silver hits over two-week peak.

Published 08 Apr, 2021 05:55pm

Markets

Gold prices slip as equities gain after Fed minutes

Asian equities were on track to mirror Wall Street's cautious gains, weighing on the metal's safe-haven allure.

Published 08 Apr, 2021 12:45pm

Markets

Gold edges lower on swift economic recovery bets

The S&P 500 added to gains, while the dollar index inched up after the Fed released the minutes.

Published 08 Apr, 2021 12:42pm

Markets

Wall Street inches up, Treasury yields pare losses after Fed minutes

All three major U.S. stock indexes gained some ground and the S&P 500 and the Dow were last in positive territory, with economically-sensitive small caps and transports lagging.

Updated 08 Apr, 2021 09:06am

Markets

Spot gold may retest resistance at $1,746

It is expected to rise towards $1,769. A drop from the current level will be regarded as a pullback towards $1,724.

Published 07 Apr, 2021 11:37am

Markets

SPDR Gold holdings fall 0.4% or 3.79 tonnes

In terms of ounces, holdings fell to 33,084,811 ounces from 33,206,603.

Published 07 Apr, 2021 11:36am

Gainers
Losers
Leaders

Stock	Price
Popular Islamic Mod. / Apr 15 Popular Islamic Modaraba(PIM)	5.96 ▲ 0.96 (19.20%)
A. Shah Ghazi / Apr 15 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.25 ▲ 1.00 (16.00%)
Sana Ind. (R) / Apr 15 Sana Industries (R)(SNAIR)	8.01 ▲ 1.00 (14.27%)
Ashfaq Textile / Apr 15 Ashfaq Textile Mills Limited(ASHT)	8.50 ▲ 1.00 (13.33%)
Shaheen Ins. / Apr 15 Shaheen Insurance Company Limited(SHNI)	4.19 ▲ 0.39 (10.26%)
Bal. Glass / Apr 15 Balochistan Glass Limited(BGL)	11.01 ▲ 1.00 (9.99%)
Dandot Cement / Apr 15 Dandot Cement Company Limited(DNCC)	12.40 ▲ 1.00 (8.77%)
Sapphire Tex. / Apr 15 Sapphire Textile Mills Limited(SAPT)	875.05 ▲ 61.05 (7.50%)
Loads Ltd. / Apr 15 Loads Limited(LOADS)	15.92 ▲ 1.11 (7.49%)
Bal. Wheel / Apr 15 Baluchistan Wheels Limited(BWHL)	67.75 ▲ 4.71 (7.47%)

Stock	Price
Saif Power / Apr 15 Saif Power Limited(SPWL)	15.51 ▲ -2.90 (-15.75%)
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	2.52 ▲ -0.47 (-15.72%)
Waves Singer / Apr 15 Waves Singer Pakistan Limited(WAVES)	21.00 ▲ -2.59 (-10.98%)
Landmark Sp. / Apr 15 Landmark Spinning Industries Limited(LMSM)	17.60 ▲ -1.40 (-7.37%)
First Prud Mod. / Apr 15 First Prudential Modaraba(PMI)	1.75 ▲ -0.13 (-6.91%)
Data Agro / Apr 15 Data Agro Limited(DAAG)	16.00 ▲ -1.18 (-6.87%)
Frontier Cer. / Apr 15 Frontier Ceramics Limited(FRCL)	28.22 ▲ -2.08 (-6.86%)
TPL Trakker / Apr 15 TPL Trakker Limited(TPLT)	10.50 ▲ -0.75 (-6.67%)
Unicap Mod. / Apr 15 Unicap Modaraba(UCAPM)	3.41 ▲ -0.24 (-6.58%)
Jubilee Gen. Ins. / Apr 15 Jubilee General Insurance Limited(JGICL)	39.56 ▲ -2.44 (-5.81%)

Stock	Volume
Worldcall / Apr 15 Worldcall Telecom Limited(WTL)	52,313,500 ▼ 0.00
Telecard / Apr 15 Telecard Limited(TELE)	45,919,000 ▼ 0.00
Hum Network / Apr 15 Hum Network Limited(HUMNL)	10,367,000 ▼ 0.00
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	8,546,000 ▼ 0.00
TRG Pak. / Apr 15 TRG Pakistan Limited(TRG)	6,346,712 ▼ 0.00
Attock Ref. / Apr 15 Attock Refinery Limited(ATRL)	5,898,900 ▼ 0.00
Netsol Tech. / Apr 15 NetSol Technologies Limited(NETSOL)	5,690,500 ▼ 0.00
Ghani Global Glass / Apr 15 Ghani Global Glass Limited(GGGL)	5,195,000 ▼ 0.00
Unity Foods / Apr 15 Unity Foods Limited(UNITY)	5,107,885 ▼ 0.00
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	4,969,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 13	152.75
USD PKR Interbank Buying / Apr 13	152.65
USD to Japanese Yen / Apr 14	108.96
USD to Swiss Franc / Apr 14	0.92
Pound Sterling to USD / Apr 14	1.38
Euro to USD / Apr 14	1.20
UK LIBOR % / Apr 14	0.07

Stock	Volume
S&P 500 / Apr 14	4124.66
India Sensex / Apr 14	48544.06
Tokyo Nikkei / Apr 14	29620.99
Nasdaq / Apr 14	13857.84
Hang Seng / Apr 14	28900.63
FTSE 100 / Apr 14	6939.58
Dow Jones / Apr 14	33730.89
Germany DAX 30 / Apr 14	15209.15
France CAC40 / Apr 14	6939.58

Item	Value
Crude Oil / Apr 14	63.15
Karachi Cotton Assoc. / Apr 14	10800.00
Gold 10 Grams / Apr 14	94564.00
Gold Spot / Apr 14	1736.30
Cotton / Apr 14	82.71

Gold

Spot gold still targets April 8 high of $1,758.45

Gold falls in NY

Gold prices slightly up

Bullion prices on Wednesday

PMEX daily trading report

Gold gains ground in New York trade

Gold rebounds after strong U.S. inflation data, weaker dollar

Gold edges lower as firmer bond yields, recovery hopes weigh

Gold falls in European trade

US MIDDAY: Gold slips

Gold prices decline

Stocks slip from record highs before U.S. bank earnings

Gold slips as firmer US yields dull appeal

Brent oil remains neutral in $62.84-$63.84 range

Gold prices slip as yields gain on higher inflation

Gold slips in European trade

PMEX daily trading report

Covid-19: Proposed anti-smuggling law envisages heavy fines

Gold slips on buoyant bond yields; set for weekly gain

Spot gold may rise more to $1,785

Gold set for first weekly gain in three on weakening dollar

PMEX daily trading report

Gold climbs in NY

Gold firms near 1-month peak as dollar, U.S. yields retreat

Gold hits 3-week peak as Fed's dovish tone pressures dollar, yields

Gold prices slip as equities gain after Fed minutes

Gold edges lower on swift economic recovery bets

Wall Street inches up, Treasury yields pare losses after Fed minutes

Spot gold may retest resistance at $1,746

SPDR Gold holdings fall 0.4% or 3.79 tonnes

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