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Gold imports fall by 48.10 percent in 3 quarters

The gold imports during July-March (2020-21) were recorded at $5.947 million as compared to the imports of $11.459 million during July-March (2019-20).

Published 26 Apr, 2021 05:51pm

Markets

Spot gold may retest resistance at $1,792

Chances are it could resume its rally towards the upper channel line around $1,828.

Published 26 Apr, 2021 11:41am

Markets

Gold heads for third weekly gain on lower yields, weaker dollar

Gold up 0.8% so far this week
Palladium off record peak
Upcoming rise in inflation to keep gold supported-Fitch Solutions.

Published 23 Apr, 2021 05:42pm

Markets

Gold eases, palladium holds near record peak

U.S. dollar firms, yields hold narrow range.
Downside in gold could be short-lived- analyst.
Swiss gold March exports at 10-month high on shipments to India.

Published 22 Apr, 2021 08:30pm

Markets

Palladium shoots to new records as deficit-fuelled rally reignites

Flooding at Russian mines cuts supply.
Market headed for 10th consecutive annual deficit.
Automakers are top consumers and buying more.
Prices could reach $3,200 within three months – Citi.
Traders say no acute shortage, metal still available.

Published 22 Apr, 2021 05:23pm

Markets

Spot gold may rise to $1,818

A correction from the current level may be limited to $1,785, now a support.

Published 22 Apr, 2021 12:13pm

Markets

Gold jumps in Europe

AMSTERDAM/LONDON: Gold jumped 1% on Wednesday propelled by sliding US Treasury yields, while bets for supply...

Published 22 Apr, 2021 03:55am

Markets

Spot gold targets $1,803-$1,818 range

A double-bottom forming around $1,677 indicates a further rise towards $1,852.

Published 21 Apr, 2021 12:00pm

Markets

Gold firms as US yields, dollar pause

Yields in narrow range as investors await economic signals.
Dollar steadies near weakest in about seven weeks.
Spot gold may slide into $1,744-$1,758/oz range – technicals.

Published 20 Apr, 2021 07:41pm

Markets

Gold firms on softer dollar, yields; all eyes on US data

US jobless claims, March retail sales data due at 1230 GMT.
Dollar slips to four-week low.
Palladium hits highest since March 18.

Published 15 Apr, 2021 07:54pm

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

Pakistan

Bullion prices on Wednesday

Following were the bullion prices in Karachi on Wednesday.

Published 14 Apr, 2021 11:37pm

Markets

Gold rebounds after strong US inflation data, weaker dollar

US CPI rises 2.6% year-on-year.
US 10-year yields tick lower after hitting one-week peak.
Platinum hits two-week low.
Palladium rises to near 1-month high.

Published 13 Apr, 2021 08:41pm

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

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

Spot gold may test support at $1,719

A break above $1,744 may lead to a gain to $1,758.

Published 12 Apr, 2021 09:59am

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

Gold retreats over 1pc, but still on course for weekly gain

Investors eye US PPI data later in the day.
Fed's Powell sees inflation unlikely.
Palladium faces biggest weekly decline in six weeks.

Published 09 Apr, 2021 07:21pm

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

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 eases on swift recovery bets as focus turns to Fed minutes

Fed meeting minutes due at 1800 GMT.
US job openings rose to 2-year high in February.
Platinum eases after scaling over one-month peak.

Published 07 Apr, 2021 08:15pm

Markets

Gold falls on swift economic recovery hopes; Fed minutes eyed

US Fed meeting minutes due at 1800 GMT.
US job openings rose to 2-year high in February.
Euro zone business activity returns to growth in March.

Published 07 Apr, 2021 05:43pm

Markets

Gold's gains kept in check by growing risk appetite

Dollar hits lowest in nearly two weeks.
US and Chinese data lifts equities to record highs.
Investors await Fed minutes on Wednesday.

Updated 06 Apr, 2021 07:29pm

Markets

Spot gold still targets $1,746

After breaking above $1,716 and a falling trendline, the metal pulled back towards this former resistance and the line.
A break below $1,716 could cause a fall to $1,691. On the daily chart, gold has broken a resistance at $1,724. It is poised to rise towards $1,769.

Published 06 Apr, 2021 10:43am

Markets

Gold prices fall

KARACHI: Another slump hit the local gold market on Monday, traders said. The precious metal saw a sizeable fall of...

Published 06 Apr, 2021 04:23am

Markets

India’s March gold imports surge 471pc to a record 160 tonnes

MUMBAI: India’s gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source...

Published 06 Apr, 2021 04:23am

Markets

Spot gold to rise to $1,746

The metal broke both the resistance and a falling trendline.

Published 05 Apr, 2021 08:53am

Markets

Gold speculators cut their bullish position

NEW YORK: Money managers in the gold, silver and copper markets cut their net long futures and options positions in...

Published 04 Apr, 2021 04:12am

Markets

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

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

Published 01 Apr, 2021 08:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	155.86
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.25
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 10	5222.68
Nasdaq / May 10	16340.87
Dow Jones / May 10	39512.84
India Sensex / May 13	72058.22
Tokyo Nikkei / May 13	38179.46
Hang Seng / May 13	19101.30
FTSE 100 / May 13	8440.89
Germany DAX 30 / May 13	18764.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Crude Oil USD/Barrel / May 13	78.49
Gold Spot USD/Ounce / May 13	2349.25
Cotton US¢/pound / May 13	77.67
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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