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gold market

China's net gold imports via Hong Kong steady in February

Net gold imports via Hong Kong to China, the world's top consumer of the metal, fell 0.2% to 4.192 tonnes in February, compared with 4.2 tonnes in January, the data showed.
"Import is still restricted. There were no quotas issued by People's Bank of China (PBOC) in February," Bernard Sin, Regional Director, Greater China at MKS Switzerland, said.

Published 25 Mar, 2021 09:00pm

Markets

Gold subdued as dollar strength offsets Europe lockdown worries

Dollar hits fresh four-month high.
Silver drops to over two-week low.
European stocks slip in early trading.

Published 25 Mar, 2021 05:27pm

Markets

Gold slips as investors pile into US dollar on Turkish tumult

Gold may retest support at $1,716/oz – analyst.
Turkish lira near all-time low.
Silver, platinum down more than 2%.

Published 22 Mar, 2021 05:32pm

Markets

Gold down in Europe

ROTTERDAM/LONDON: Gold prices inched lower on Friday as a rebound in US Treasury yields and a stronger dollar ...

Published 20 Mar, 2021 04:39am

Markets

Gold eases as dollar, US Treasury yields rise

Palladium heads for best week since early November.
Gold up more than 0.5% this week.
Platinum drops to one-week low.

Published 19 Mar, 2021 09:26pm

Markets

Gold firms on dollar and US bond yield retreat

US bond yields dip from 14-month highs.
Palladium heads for best week since early November.
Gold up more than 0.8% this week.

Published 19 Mar, 2021 06:20pm

Markets

Higher prices stall demand in India; activity dim elsewhere

China premiums at $7-$9/oz versus $8-$10 last week.
Jewellers reducing purchases due to COVID-19 curb fears- Mumbai-based dealer.
- Investors selling their bars this week- Tokyo-based retailer.

Published 19 Mar, 2021 06:17pm

Markets

Gold slips from more than two-week peak as US yields surge

US Treasury yields scale 14-month peak.
Palladium at more than one-year high.

Published 18 Mar, 2021 05:16pm

Markets

Asian gold demand rebounding as Swiss exports to India surge

Switzerland is the world's biggest gold refining centre and transit hub, while India and China are the two biggest gold consumers and Thailand is a regional trade hub.
One reason for the pick-up is a steady decline in gold prices from record highs last August. Most gold in Asia is sold as jewellery and buyers are put off by high prices.

Published 18 Mar, 2021 05:13pm

Markets

Gold holds ground as markets await US Fed policy decision

Fed decision due at 1800 GMT.
US dollar gains for fourth session.
Gold's climb above $1,740/oz opens space for further gains- analyst.

Published 17 Mar, 2021 05:24pm

Markets

Gold firms as dollar, yields retreat; palladium hits 1-year high

Fed's two-day meeting starts later on Tuesday.
Russia's Nornickel downgrades 2021 output forecast.
Platinum jumps more than 1%.

Published 16 Mar, 2021 08:33pm

Markets

Gold edges up on inflation bets as Fed meeting looms

US 10-year Treasury yields near to over one-year peak.
Gold could test resistance at $1,740/oz – analyst.
US Fed's policy meeting on March 16-17 in focus.

Published 15 Mar, 2021 05:30pm

Markets

Gold drops over 1pc as rising bond yields, dollar dull appeal

Gold's key support area between $1,670-$1,690/oz – analyst.
Silver on track for first weekly gain in four.
Platinum set to post largest weekly gain in four weeks.

Published 12 Mar, 2021 09:29pm

Markets

Asia Gold-More takers as prices dip, Indian premiums rise

Chinese premiums rise to $8-$10/oz.
Higher buying activity in China, Singapore, Japan.
Dealers charged premiums of $6 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales taxes, compared with last week's premium of $5.

Published 12 Mar, 2021 05:45pm

Markets

Gold gains for third day as bond yields, dollar retreat

$1.9 trillion US COVID-19 bill wins final approval.
ECB signals faster bond buys in coming quarter.
Greater upside in other assets than in gold – analyst.

Published 11 Mar, 2021 07:32pm

Markets

Gold under pressure as US yields, dollar firm

European Central Bank policy meeting due on Thursday.
More platinum deficits loom after record 2020 undersupply – WPIC.
Platinum prices likely to reach $1,300/oz over 12 months – UBS.

Published 10 Mar, 2021 05:25pm

Markets

Gold retreats on elevated US yields, strong dollar

US 10-year yields hold near one-year peak.
US dollar hits 3-month peak.
SPDR gold holdings fell to 10-month low on Friday.

Published 08 Mar, 2021 06:21pm

Markets

Gold holds near 9-month low as yields, dollar gain further

US jobs increased more than expected in February.
US 10-year yield rises to 1.625%.
Gold down 2% so far this week.
Silver on track for worst week since late November.

Published 05 Mar, 2021 09:56pm

Business & Finance

China's Shandong Yulong Gold to buy Australia's Barto for $188mn in debt

Shandong Yulong Gold, which used to make steel pipes before changing its name and business focus, said in a statement to the Shanghai Stock Exchange its Lanjing Mining subsidiary would acquire 100% of Barto and control its gold mining operations in Western Australia.
Barto's operations, in the Southern Cross greenstone belt, are currently managed on behalf of Shandong Tianye by West Perth-based explorer Minjar Gold.

Published 05 Mar, 2021 08:49pm

Markets

Hostility to Beijing drives Chinese gold diggers into new territory

JOHANNESBURG/HONG KONG: Chinese gold mining companies are on a buying spree in West Africa and South America,...

Published 05 Mar, 2021 05:17am

Markets

Gold edges up as US yields soften

Citi lowers 2021 gold price forecast.
Dollar index holds near four-week peak.
Silver drops to over one-month low.

Published 02 Mar, 2021 06:04pm

Markets

Gold rebounds on US stimulus, softer yields

For gold, $1,760-$1,765 level a key hurdle –analyst.
Specs cut bullish positions in gold, silver –CFTC.

Published 01 Mar, 2021 05:48pm

Markets

Gold falls 1pc as elevated US yields hit safe haven appeal

Fed Chair Powell reaffirms extended loose monetary policy.
SPDR Gold Trust holdings slip to lowest since May 2020.
Palladium scales more than one-month high.

Published 25 Feb, 2021 09:35pm

Markets

China's gold imports via Hong Kong fall in January on COVID-19 travel curbs

Gold prices in the top consumer of the metal, flipped back into a discount - a situation that prevailed for most of 2020 as the pandemic curbed demand - in the week to Jan. 29.
Net gold imports via Hong Kong to China stood at 4.2 tonnes in January compared with 5.6 tonnes in December, while they were down 55% on an annual basis.

Published 25 Feb, 2021 06:35pm

Markets

Gold drops over 1pc as US Treasury yields, dollar rise

US 10-year yields hit one-year high.
Palladium, platinum up more than 1%.

Published 24 Feb, 2021 09:44pm

Markets

Gold rebounds despite higher bond yields

Gold hit seven-month low in previous session.
US Treasury yields reach highest in nearly a year.
Markets await Powell testimony to Congress.

Published 22 Feb, 2021 07:55pm

Markets

Gold slides to more than 7-month low as strong yields sap appeal

Gold set to post largest weekly fall since end-November.
Precious metal to struggle as long as yields rise – analyst.
Silver on course for biggest weekly dip since mid-Jan, down 1.5%.
Platinum looks set to post third weekly gain.

Published 19 Feb, 2021 08:13pm

Markets

Gold-Price drop boosts India buying, lifts premiums to 8-mth high

India premiums jump to $7 an ounce versus $5 last week.
Activity resuming slowly in China after holiday.
Premiums on silver products rising exponentially- dealer.

Published 19 Feb, 2021 06:52pm

Markets

US MIDDAY: Gold holds near multi-month lows

NEW YORK: Gold lingered near 11-week lows in choppy trading on Thursday as investor optimism for a global economic...

Published 19 Feb, 2021 04:07am

Markets

Gold edges up as dollar and Treasury yields ease

Investors favour other assets to hedge inflation –analyst.
US Fed officials prepared to keep monetary policy easy.

Published 18 Feb, 2021 08:43pm

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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