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Gold slides 2pc in NY

NEW YORK: Gold prices slipped nearly 2% on Tuesday as a firmer dollar, higher Treasury yields and hopes for a faster...

Published 31 Mar, 2021 05:42am

Markets

Russia's gold production falls slightly in 2020

The country also produced 965.73 tonnes of silver last year, a figure lower than the 996.17 tonnes it produced in 2019.

Published 30 Mar, 2021 05:39pm

Markets

Gold falls in Europe

LONDON: Gold slipped more than 1% to an over two-week low on Monday as a firm dollar and rising US Treasury yields...

Published 30 Mar, 2021 05:45am

Markets

US MIDDAY: Gold slides

NEW YORK: Gold slipped more than 1% to an over two-week low on Monday as a firm dollar and rising US Treasury yields...

Published 30 Mar, 2021 05:45am

Markets

Gold slides over 1pc as dollar, yields advance

Spot gold fell 1.1pc to $1,713.52 per ounce by 12:38 p.m. EDT (1638 GMT). U.S. gold futures fell 1.2pc to $1,711.60.

Updated 30 Mar, 2021 12:01am

Markets

Gold falls 1pc as firm dollar, yields weigh

Markets eye Biden's infrastructure spending plan on Wednesday.
Dollar firms near multi-month peak.
Palladium fell as much as 6% in the session.
Russia's Nornickel halts water inflow at two major mines.

Published 29 Mar, 2021 08:54pm

Markets

India activity slows as dealers close the books

China premiums at $7.5-$10/oz versus $7-$9 last week.
Indian coronavirus cases jump to over 5-month peak.
Japan premiums edge up to $1/oz.

Published 26 Mar, 2021 07:11pm

Markets

Spot gold looks neutral in $1,716-$1,746 range

A break below $1,716 could cause a fall into the $1,669-$1,691 range, while a break above $1,746 could open the way towards $1,761-$1,783 range.

Published 26 Mar, 2021 11:29am

Markets

US MIDDAY: Gold sinks

NEW YORK: Gold fell on Thursday as US Treasury yields nudged up and the dollar hit a four-month high, denting the...

Published 26 Mar, 2021 05:22am

Markets

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

Spot gold remains neutral in $1,716-$1,746 range

The bias could be towards the upside, as the metal refused to drop sharply after failing to break a falling trendline.

Published 25 Mar, 2021 11:42am

Pakistan

Bullion prices on Wednesday

Following were the bullion prices in Karachi on Wednesday.

Updated 25 Mar, 2021 12:06am

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

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

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 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 dips 1pc as US dollar and yields regain footing

Silver heads for biggest weekly rise since mid-February.
Platinum on track to post largest weekly gain in four weeks.
Investors await US Federal Reserve meeting next week.

Published 12 Mar, 2021 05:47pm

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 price up Rs2,900 per tola

KARACHI: Gold prices on Thursday gained a huge stimulation on the local market, traders said. The precious metal...

Published 12 Mar, 2021 05:10am

Markets

Spot gold may retest resistance at $1,746

The rise could be driven by a wave 4, which may end below $1,769, as suggested by a falling trendline.

Published 11 Mar, 2021 10:53am

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

Asia Gold: Indian buyers pile in as prices dip to one-year low

NEW DELHI: Retail consumers in India continued to buy up physical gold this week as prices retreated to a near...

Published 06 Mar, 2021 05:01am

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

Markets

Gold slides to 9-month low as high yields, dollar dull appeal

US 10-year yields hold above 1.5%.
Gold down 2% on the week.
Silver on track for worst week since late-November.

Published 05 Mar, 2021 05:19pm

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 slumps as rising US yields, dollar dull lustre

Gold down over 6% for the month.
US consumer spending rebounds in January.
Silver set for first monthly fall in three.
Palladium, platinum set for monthly gain.

Published 26 Feb, 2021 09:23pm

Markets

Asia Gold-Low prices spark flurry of activity in India

China premiums between $3-$7/oz amid muted activity.
Chinese net gold imports via Hong Kong fall in January.
Indian jewellers aggressively building inventory- dealer.

Published 26 Feb, 2021 09:05pm

Markets

Spot gold may fall towards $1,726

Resistance is at $1,783, a break above which could lead to a gain to $1,801. On the daily chart, gold is retesting a support at $1,769, the 61.8% projection level of a downward wave C from $1,959.01.

Published 26 Feb, 2021 09:54am

Markets

Gold prices drop

KARACHI: Gold prices on Thursday saw a drop on the local market, traders said. After a slight decline of Rs350, the...

Published 26 Feb, 2021 05:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Petrol/Litre / May 14	288.49
Crude Oil USD/Barrel / May 14	79.23
Gold Spot USD/Ounce / May 14	2344.20
Diesel/Litre / May 14	281.96

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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