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1524hr
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5,19624hr
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120,813
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186,537

gold price

Gold under pressure as US yields, dollar firm

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
Spot gold may fall to $1,818
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
Spot gold signals mixed
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
Spot gold may fall to $1,818
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