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gold miner

Gold rally cools

NEW YORK: Gold steadied on Friday, paring gains from a more than 1% rally fuelled by a miss in the US jobs data, as...

Published 09 Oct, 2021 04:10am

Markets

Gold retreats on dollar rally as Fed taper looms

NEW YORK: Gold fell in choppy trading on Wednesday as the dollar rose and on growing confidence that the U.S. ...

Published 30 Sep, 2021 04:15am

Business & Finance

Barrick's second-quarter gold output falls 5.4%

Total preliminary gold production fell to 1.04 million ounces in the three months ended June 30, from 1.10 million ounces in the previous quarter, the company said.

Published 15 Jul, 2021 04:45pm

Markets

Gold prices slip in Asia

SINGAPORE: Gold prices slipped in Asian trade on Thursday, weighed down by a stronger dollar after minutes from the...

Published 09 Jul, 2021 04:25am

Business & Finance

Barrick Gold profit beats expectations as copper, gold prices surge

Barrick's first-quarter gold production fell to 1.10 million from 1.25 million ounces due partly to lower grades at its Pueblo Viejo mine in Dominican Republic.
Adjusted profit rose 78% to $507 million in the quarter ended March 31, from $285 million a year earlier, and Barrick announced a 9 cent per share quarterly dividend.

Published 05 May, 2021 05:42pm

Business & Finance

Gold miner Newmont's profit disappoints as pandemic hits output

Although massive stimulus measures and pandemic-led uncertainties have boosted prices of gold, COVID-19 curbs and increased costs related to ramping up sites have affected Newmont's bottomline.
Average realized price for gold jumped 10% to $1,751 per ounce in the quarter, as production fell 1.4% to 1.46 million ounces due to the sale of its Red Lake mine in Canada and virus-related disruptions at its Cerro Negro mine in Argentina.

Published 29 Apr, 2021 06:00pm

Markets

Gold eases as US yields hold firm; inflation data in focus

Markets look to US CPI data on Tuesday.
US producer prices hit 9-1/2-year high.
US economy at "inflection point", says Fed Chair.

Published 12 Apr, 2021 05:54pm

Markets

Gold tops 1-month peak as dollar, US yields retreat

US weekly jobless claims unexpectedly rise.
Markets eye Powell's speech at IMF conference.
Silver hits over two-week peak.

Published 08 Apr, 2021 08:32pm

Markets

Gold slips as firmer dollar, recovery hopes dent appeal

Markets eye Biden's infrastructure spending plans on Wednesday.
Dollar firms near multi-month peak.
Palladium fell as much as 4.4% in the session.
Russia's Nornickel halts water inflow at two major mines.

Published 29 Mar, 2021 06:01pm

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 slides 1.5pc as rising bond yields, dollar dim appeal

US Senate to debate $1.9 trillion stimulus package this week.
Silver, platinum slip more than 2%.
Gold fell to its lowest since June 15 on Tuesday.

Published 03 Mar, 2021 09:02pm

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

Business & Finance

Newmont quarterly profit doubles as gold prices shine

he miner said averaged realized gold price jumped 25% to $1,852 per ounce in the quarter, while attributable gold production fell about 11% to 1.6 million ounces.
The company cited the sale of Red Lake and Kalgoorlie, and lower production at Cerro Negro for the drop in production.

Published 18 Feb, 2021 06:13pm

Markets

Gold slides more than 2pc to below $1,800 as dollar, yields gain

Silver slips as much as 3.2%.
Spot gold hits more than two-month low at $1,784.76/oz.
Dollar at 2-month peak.

Published 04 Feb, 2021 09:43pm

Markets

Gold dips as yields rise, but eyes best week in five

The European Central Bank reaffirmed its pledge to keep borrowing costs at record lows on Thursday to help the economy weather the pandemic.

Published 22 Jan, 2021 11:57am

Business & Finance

Copper miner Solgold CEO Mather to retire, hunt for new boss starts

While Solgold starts the hunt for a new CEO, its non-executive director Keith Marshall will step in as an interim chief.
The London-listed company is seeking to mend fences with major shareholders, as it needs to secure more than $2.5 billion for the project.

Published 19 Jan, 2021 05:47pm

Markets

Spot gold may retest support at $1,810

The low at $1,764.29 may be revisited either this week or next week. A break above $1,839 could lead to a gain to $1,862. On the daily chart, gold is riding on a wave C from $1,959.01.

Published 18 Jan, 2021 11:08am

World

Venezuela slams US court approval of Citgo parent sale as ‘fraudulent’

CARACAS: Venezuelan Foreign Minister Jorge Arreaza on Saturday criticized a US court ruling authorizing a sale of ...

Updated 17 Jan, 2021 09:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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