Trends - gold rates - Business Recorder

gold rates

Gold struggles for traction as rate-hike bets, dollar dim appeal

LONDON: Gold steadied on Tuesday after dropping to a nine-month low earlier as investors positioned for US economic...

Published 13 Jul, 2022 05:48am

Markets

Gold nears 9-month low as looming rate hikes lift dollar

Gold neared a nine-month low on Monday, weakening after strong U.S. job market data last week boosted the likelihood...

Published 11 Jul, 2022 05:52pm

Business & Finance

Dollar gains, Fed rate hike bets dim gold’s lustre

NEW YORK: Gold was on course to fall for a fourth straight week on Friday, hurt by the dollar’s ascent and as bets...

Published 09 Jul, 2022 03:57am

Markets

India’s June gold imports treble y/y on price correction

MUMBAI: India’s gold imports in June nearly trebled from year-ago levels on correction in prices and as jewellers...

Published 06 Jul, 2022 05:35am

Markets

Gold slips on dollar gains, clings above $1,800 on recession risks

LONDON: Gold fell on Tuesday pressured by rate hike expectations and a stronger dollar, but growing recession fears...

Published 06 Jul, 2022 05:35am

Markets

Gold drops over 2pc

NEW YORK: Gold lost more than 2% on Tuesday to sink further below the $1,800 support level as a sharp rally in the...

Published 06 Jul, 2022 05:35am

Markets

Gold slips as interest rate expectations sap appeal

LONDON: Gold fell on Monday as prospects of higher interest rates dimmed appeal for the non-yielding asset, but a...

Published 05 Jul, 2022 05:19am

Markets

Gold heads for weekly dip as hawkish cenbanks dull appeal

LONDON: Gold fell on Friday en route to a third straight weekly dip as a firm dollar and looming rate hikes soured...

Published 02 Jul, 2022 04:10am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold slipped on Thursday, heading for its worst quarter in five as a hawkish tone from global central ...

Published 01 Jul, 2022 06:13am

Markets

Gold heads for quarterly fall on stronger dollar, hawkish cenbanks

LONDON: Gold fell on Thursday and was bound for its worst quarter in five as a stronger dollar and hawkish rhetoric...

Published 01 Jul, 2022 06:13am

Markets

Spot gold may retest support at $1,812

SINGAPORE: Spot gold may retest a support at $1,812 per ounce, a break below which could trigger a fall to...

Published 30 Jun, 2022 10:57am

Markets

US MIDDAY: Gold choppy as investors weigh rate hikes

NEW YORK: Gold prices see-sawed on Wednesday, caught between headwinds from aggressive interest rate hikes and...

Published 30 Jun, 2022 06:07am

Markets

Rate hike bets subdue gold even as slowdown fears mount

LONDON: Gold fell in range-bound trading on Wednesday as prospects of elevated interest rates continued to override...

Published 30 Jun, 2022 06:07am

Markets

Gold firms on softer dollar; ECB forum in focus

LONDON: Gold edged up on Tuesday as the dollar weakened, with gains capped by higher US Treasury yields as investors...

Published 29 Jun, 2022 05:44am

Markets

US MIDDAY: Gold range-bound

NEW YORK: Gold prices were hemmed in a tight range on Tuesday as prospects of higher interest rates challenged...

Published 29 Jun, 2022 05:44am

Markets

Gold prices surge

KARACHI: Gold prices on Monday saw some momentum on the local market, traders said. The prices surged by Rs850 to...

Published 28 Jun, 2022 06:10am

Markets

US MIDDAY: Gold steadies

NEW YORK: Gold prices steadied on Monday, helped by a weaker dollar as recession fears persisted, while investors...

Published 28 Jun, 2022 06:10am

Markets

Gold rises on weaker dollar, economic concerns

LONDON: Gold rose on Monday as the dollar weakened and economic concerns persisted, while an import ban on the metal...

Published 28 Jun, 2022 06:10am

Markets

Asia Gold: India discounts widen

BENGALURU/MUMBAI: Physical gold dealers offered bigger discounts in India this week to lure buyers as the wedding...

Published 25 Jun, 2022 04:42am

Markets

US MIDDAY: Gold slips on dollar gains

NEW YORK: Gold gave up initial gains and edged lower on Thursday as the dollar regained momentum after US Federal...

Published 24 Jun, 2022 06:15am

Markets

Gold dips as dollar gains upper hand after Powell remarks

LONDON: Gold traded lower on Thursday as a stronger dollar and remarks from US Federal Reserve Chair Jerome Powell...

Published 24 Jun, 2022 06:15am

Markets

US MIDDAY: Gold gains

NEW YORK: Gold prices rose on Wednesday as a retreat in US Treasury yields and the dollar bolstered bullion’s...

Published 23 Jun, 2022 06:05am

Markets

Gold firms as economic fears return to centre stage

LONDON: Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and...

Published 23 Jun, 2022 06:05am

Markets

Gold slips as rate-hike bets grow, yields rise

Gold prices edged lower on Tuesday as U.S. Treasury yields ticked higher amid the prospect of more interest rate...

Published 21 Jun, 2022 07:04pm

Markets

US MIDDAY: Gold holds tight range, awaits more Fed cues

NEW YORK: Gold steadied into a tight range on Monday as an easing dollar and economic worries countered concerns...

Published 21 Jun, 2022 05:51am

Markets

Gold rises slightly on dollar dip

LONDON: Gold inched higher on Monday, as a slightly weak dollar and global economic worries countered concerns ...

Published 21 Jun, 2022 05:51am

Markets

Gold prices hit record high

KARACHI: Gold prices on Saturday hit a new historic high in the local market, traders said. Up by Rs300, gold prices...

Published 19 Jun, 2022 06:06am

Markets

Asia Gold: Indian discounts narrow

BENGALURU: Discounts on physical gold in India narrowed this week, helped by some fresh buying from jewellers, while...

Published 19 Jun, 2022 06:06am

Markets

Gold set for biggest weekly drop in a month

NEW YORK: Gold fell on Friday and was on course to finish lower for the week in which a firming dollar and interest...

Published 18 Jun, 2022 06:00am

Markets

Gold gains as dollar pulls back ahead of Fed verdict

LONDON: Gold prices rose more than 1% on Wednesday helped by a tepid US dollar, as investors braced for a ...

Published 16 Jun, 2022 08:10am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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