Trends - gold price - Business Recorder

gold price

Spot gold may test support $1,752

A break above $1,780 may lead to a gain into $1,789-$1,798 range.

Published 03 May, 2021 12:12pm

Markets

Gold inches higher on subdued dollar ahead of US data

China's gold consumption soared 93.9% in the first three months from the same quarter a year earlier, the China Gold Association said on Friday.

Published 03 May, 2021 12:08pm

Markets

Spot gold may fall to $1,752

Resistance is at $1,780, a break above which could lead again into $1,789-$1,798 range.

Published 30 Apr, 2021 11:35am

Pakistan

Gold prices increase by Rs300 to Rs104,200 per tola

The gold price in the international market witnessed increase of $11 and was traded at $1776 against $1765.

Updated 29 Apr, 2021 11:52pm

Markets

Spot gold may test resistance at $1,792

The pullback may end above $1,773.

Published 29 Apr, 2021 11:24am

Markets

Analysts cut gold forecasts as economic growth recovers

BENGALURU: Analysts and traders have slashed their gold price forecasts, with many believing a return to last...

Published 28 Apr, 2021 03:18am

Markets

Palladium scales record peak, gold steadies in NY

NEW YORK: Deficit-stricken palladium scaled a record peak on Monday, while gold held steady as investors awaited...

Published 27 Apr, 2021 03:02am

Pakistan

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

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 26 Grays Leasing Limited(GRYL)	3.65 ▲ 0.95 (35.19%)
Premier Ins. / May 26 Premier Insurance Limited(PINL)	4.75 ▲ 1.00 (26.67%)
SME Leasing Ltd / May 26 SME Leasing Limited(SLL)	2.45 ▲ 0.40 (19.51%)
Gammon Pak / May 26 Gammon Pakistan Limited(GAMON)	6.66 ▲ 1.00 (17.67%)
Ghazi Fabrics / May 26 Ghazi Fabrics International Limited(GFIL)	6.30 ▲ 0.80 (14.55%)
Nazir Cotton Mills / May 26 Nazir Cotton Mills Limited(NCML)	5.85 ▲ 0.69 (13.37%)
Chakwal Spinning / May 26 Chakwal Spinning Mills Limited(CWSM)	2.00 ▲ 0.20 (11.11%)
Shaheen Ins. / May 26 Shaheen Insurance Company Limited(SHNI)	3.55 ▲ 0.35 (10.94%)
Media Times Ltd / May 26 Media Times Limited(MDTL)	1.98 ▲ 0.17 (9.39%)
Zephyr Textile / May 26 Zephyr Textiles Limited(ZTL)	11.48 ▲ 0.98 (9.33%)

Stock	Price
Punjab Mod / May 26 First Punjab Modaraba(FPJM)	1.70 ▲ -0.19 (-10.05%)
Trust Mod. / May 26 Trust Modaraba(TRSM)	1.51 ▲ -0.15 (-9.04%)
Huffaz Seamless / May 26 Huffaz Seamless Pipe Industries Limited(HSPI)	10.21 ▲ -1.00 (-8.92%)
First Pak Mod. / May 26 First Pak Modaraba(PAKMI)	2.40 ▲ -0.21 (-8.05%)
K.S.B.Pumps / May 26 KSB Pumps Company Limited(KSBP)	110.90 ▲ -8.99 (-7.50%)
Shams Textile / May 26 Shams Textile Mills Limited(STML)	55.43 ▲ -4.49 (-7.49%)
Bal. Wheel / May 26 Baluchistan Wheels Limited(BWHL)	78.64 ▲ -6.36 (-7.48%)
Imperial Limited / May 26 Imperial Limited(IML)	14.30 ▲ -1.15 (-7.44%)
Universal Network / May 26 Universal Network Systems Limited(GEMUNSL)	51.75 ▲ -4.15 (-7.42%)
EFG Hermes Pak / May 26 EFG Hermes Pakistan Limited(EFGH)	16.10 ▲ -1.28 (-7.36%)

Stock	Volume
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	35,646,724 ▼ 0.00
Cnergyico PK / May 26 Cnergyico PK Limited(CNERGY)	19,634,624 ▼ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	18,414,500 ▼ 0.00
Ghani Glo Hol / May 26 Ghani Global Holdings Limited(GGL)	17,582,929 ▼ 0.00
TPL Properties / May 26 TPL Properties Limited(TPLP)	16,753,479 ▼ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	16,005,500 ▼ 0.00
Silk Bank Ltd / May 26 Silkbank Limited(SILK)	13,074,500 ▼ 0.00
P.T.C.L. / May 26 Pakistan Telecommunication Company Ltd(PTC)	12,947,000 ▼ 0.00
Fauji Foods Ltd / May 26 Fauji Foods Limited(FFL)	12,047,000 ▼ 0.00
TRG Pak Ltd / May 26 TRG Pakistan Limited(TRG)	9,254,282 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 25	201.80
USD PKR Interbank Buying / May 25	201.30
USD to Japanese Yen / May 25	127.41
USD to Swiss Franc / May 25	0.96
Pound Sterling to USD / May 25	1.26
Euro to USD / May 25	1.07
UK LIBOR % / May 25	0.82

Stock	Volume
S&P 500 / May 25	3978.73
India Sensex / May 25	53749.26
Tokyo Nikkei / May 25	26653.80
Nasdaq / May 25	11434.74
Hang Seng / May 25	19952.81
FTSE 100 / May 25	7522.75
Dow Jones / May 25	32120.28
Germany DAX 30 / May 25	14007.93
France CAC40 / May 25	6298.64

Item	Value
Crude Oil USD/Barrel / May 25	110.44
Karachi Cotton PKR/37.32 KG / May 25	21180.00
Gold 10 Grams PKR / May 25	120700.00
Gold Spot USD/Ounce / May 25	1849.73
Cotton US¢/pound / May 25	122.20

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