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gold price

Gold down in Europe
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
Asian gold demand rebounding as Swiss exports to India surge
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
Asia Gold-More takers as prices dip, Indian premiums rise
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
Gold under pressure as US yields, dollar firm
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
Spot gold may fall towards $1,726
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
Gold prices drop
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
China's gold imports via Hong Kong fall in January on COVID-19 travel curbs
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
Bullion Rates
Markets

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 20, 2021)....
Published 21 Feb, 2021 05:10am
Markets

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (February 17, 2021)....
Published 18 Feb, 2021 04:08am
Bullion Rates
Markets

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 16, 2021)....
Published 17 Feb, 2021 04:24am