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gold price

Platinum rallies for third day on economic rebound hopes

Market participants now await minutes of the Federal Reserve's end-January monetary policy meeting on Wednesday.

Published 16 Feb, 2021 11:16am

Markets

Gold steadies as dollar pauses; platinum set for over 10pc weekly gain

Platinum likely to see some consolidation – analyst.
Dollar set for its biggest weekly fall in eight weeks.
Silver to benefit from industrial demand recovery – analysts.

Published 12 Feb, 2021 09:54pm

Markets

Spot gold may fall to $1,818

A downward wave C could have resumed, which is expected to travel below $1,783. A break above $1,853 could lead to a gain to $1,875.

Published 11 Feb, 2021 10:13am

Markets

Spot gold signals mixed

Immediate support is at $1,831.60, a break below which could cause a fall into $1,800-$1,818 range.

Published 10 Feb, 2021 10:46am

Markets

Gold rises over 1pc on expectations of large US stimulus package

Bitcoin jump also helping sentiment in gold, analysts say.
Investors await progress on US COVID-19 relief package.

Published 08 Feb, 2021 09:44pm

Markets

Gold rises as investors focus on big US stimulus bets

10-year Treasury yields hover near highest since March.
Spot gold rose 0.8% to $1,825.69 per ounce.
The metal continues to be pulled and tugged by conflicting force.

Published 08 Feb, 2021 08:29pm

Pakistan

Gold prices decrease by Rs650 per tola

The gold price in the in international market witnessed decrease of US$22 and was sold at US$1801 against its sale at $1812, the association added.

Published 05 Feb, 2021 12:50am

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 price falls Rs50 per tola

KARACHI: Gold on Thursday traded for Rs 112,950 per tola on the local market, traders said. The yellow metal price...

Published 29 Jan, 2021 04:55am

Markets

Spot gold may fall to $1,818

The support is identified as the 23.6% projection level of a downward wave C from $1,874.86. This wave is capable of travelling to $1,783.

Published 28 Jan, 2021 10:04am

Markets

Gold price dips

KARACHI: Gold price on Wednesday dipped by Rs 200 per tola on the local market, traders said. The fresh fall of Rs...

Published 28 Jan, 2021 04:40am

Markets

Gold hits more than 1-week low on doubts over stimulus bill, firm dollar

Dollar scales over 1-week high.
Palladium hits over one-month low.
Platinum slips to over two-week low.

Published 27 Jan, 2021 09:05pm

Markets

Spot gold may fall to $1,818

This support is almost identical to $1,840 (hourly chart). A break could open the way towards $1,805.

Published 27 Jan, 2021 10:01am

Markets

Gold firms as dollar, yields ease; Biden stimulus plan in focus

Dollar hovers near one-week low.
US Fed's policy meeting starts on Tuesday.

Published 25 Jan, 2021 06:32pm

Markets

Gold price up by Rs550 per tola

KARACHI: Gold on Saturday grew by Rs550 per tola on the local market, traders said. With this increase the precious...

Published 24 Jan, 2021 03:32am

Markets

Gold price dips by Rs600 per tola

KARACHI: Gold price on Friday dipped by Rs 600 per tola on the local market, traders said. The fresh fall of Rs 600...

Published 23 Jan, 2021 03:56am

Markets

Gold falls over 1pc, pinched by firm dollar but on course for weekly gain

Platinum slips from over 4-yr high, but set for 2nd weekly gain.
US gold futures fell 0.8% to $1,851.50.

Published 22 Jan, 2021 09:32pm

Markets

Gold slips as dollar firms, still heading for best week in five

Silver poised for best week in five, up 1.5% so far.
Platinum slips from over 4-yr high, but set for 2nd weekly gain.

Published 22 Jan, 2021 04:41pm

Markets

Gold drifts higher from 1-1/2 month low despite buoyant dollar

Dollar index hits four-week high.
Janet Yellen nominated for US Treasury secretary.

Published 18 Jan, 2021 06:15pm

Markets

Gold falls 1pc as dollar accelerates rally

Powell sees no reason to alter Fed's accommodative stance./
Platinum falls as much as 4.4%, silver down 3.8%.

Published 15 Jan, 2021 09:39pm

Markets

Gold steadies as firm dollar offsets tighter lockdown impact

Powell sees no reason to alter Fed's accommodative stance.
Platinum gains more than 3% for the week.

Published 15 Jan, 2021 07:49pm

Markets

Asia Gold-China flips to premium after 11 months as New Year beckons

Singapore premiums widen to $0.80-$1.80/oz.
Indian premiums ease amid subdued demand.
A stronger yuan and lower spot gold prices also helped, said Peter Fung, head of dealing at Wing Fung Precious Metals.

Published 15 Jan, 2021 07:13pm

Markets

Gold edges up on Biden's stimulus proposal

Biden unveiled a $1.9 trillion stimulus package proposal on Thursday designed to jump-start the economy and speed up the US response to the coronavirus pandemic.

Published 15 Jan, 2021 09:45am

Markets

Barrick Gold quarterly output gets boost from Dominican Republic mine

Gold prices touched record highs in 2020, as investors flocked to the safe haven asset while the COVID-19 pandemic roiled the markets.
Total preliminary gold production rose to 1.21 million ounces in the quarter ended Dec. 31 from 1.16 million ounces in the previous quarter.

Published 14 Jan, 2021 08:55pm

Markets

Gold on back foot ahead of Biden's US stimulus plan

Spot gold fell 0.3% to $1,838.44 per ounce .
US gold futures slipped 0.8% to $1,839.80.

Published 14 Jan, 2021 05:49pm

Markets

Gold rises on inflation bets ahead of Biden unveiling stimulus

Gold is considered a hedge against inflation.

Published 14 Jan, 2021 09:19am

Markets

Gold eases as dollar ticks higher; markets eye stimulus details

Spot gold was down 0.1% to $1,854.40 per ounce.
The risk is to the downside for gold. Concerns about inflation expectations and a firmer dollar have acted as a little bit of an anchor on the gold price.

Published 13 Jan, 2021 07:50pm

Markets

Spot gold may retreat towards $1,833

The fall from $1,959.01 is so deep that it is classified as a continuation of the preceding downtrend from the Aug. 7, 2020 high of $2,072.50.

Published 13 Jan, 2021 09:46am

Markets

Gold rebounds as focus returns to inflation risks

Biden to deliver a plan costing "trillions" of dollars.
Benchmark 10-year Treasury yields firm at 10-month highs.

Published 12 Jan, 2021 05:54pm

Markets

Gold investors target 'excessive' executive payouts amid deals

Miners who overspent on acquisitions in the 2011 gold boom have curbed premiums that led to billions in impairments when prices later crashed.
It's excessive and it's something that we don't like to see as shareholders.

Published 12 Jan, 2021 04:53pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 29	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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