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Gold steadies below $1,800 as firm dollar, yields weigh

US gold futures were steady at $1,799.40

Published 08 Sep, 2021 11:04am

Markets

Gold steady as doubts emerge over early Fed taper

Spot gold was steady at $1,823.92 per ounce by 0336 GMT, while US gold futures fell 0.4% to $1,826.20

Published 07 Sep, 2021 10:16am

Markets

Gold firms near 2-1/2-month high as early Fed taper fears ebb

Spot gold rose 0.1% to $1,827.82 per ounce by 0646 GMT. In the previous session, prices hit their highest since June 16 at $1,833.80

Published 06 Sep, 2021 01:05pm

Markets

Spot gold may drop into $1,788-$1,797 range

This longer-than-expected consolidation makes a break above the line doubtful

Published 03 Sep, 2021 10:09am

Markets

Spot gold may retest resistance at $1,826

The pullback may end around $1,808. Wave pattern suggests the progress of a wave (3), which is expected to travel to $1,856 or $1,904

Published 30 Aug, 2021 09:01am

Markets

Spot gold may revisit Thursday low of $1,778.80

The consolidation could be due to the completion of a rise from $1,684.37

Published 27 Aug, 2021 10:34am

Markets

Safe-haven demand buoys gold; investors await Fed chief's speech

Spot gold gained 0.3% to $1,798.22 per ounce by 0341 GMT, and was up about 1% for the week. US gold futures rose 0.4% to $1,801.30

Published 27 Aug, 2021 10:33am

Markets

Gold falls as dollar inches higher, caution ahead of Jackson Hole

Spot gold fell 0.3% to $1,784.82 per ounce by 0705 GMT, while US gold futures fell 0.3% to $1,785.00

Published 26 Aug, 2021 12:29pm

Markets

Spot gold may test support at $1,773

The rise could be a part of a big wave C from $1,916, which may extend into a range of $1,520-$1,671

Published 26 Aug, 2021 10:33am

Markets

Spot gold may retreat to $1,773

It is doubtful that the rise could extend further into $1,828-$1,862 range. Quite likely, the rise is over

Published 25 Aug, 2021 10:39am

Markets

Gold falls as dollar gains some ground; Fed symposium in focus

Spot gold fell 0.4% to $1,796.03 per ounce by 106 GMT, while US gold futures 0.6% to $1,797.50

Published 25 Aug, 2021 10:37am

Markets

Spot gold may test resistance at $1,811

The uptrend from the Aug. 9 low of $1,684.37 has extended

Published 24 Aug, 2021 11:06am

Markets

Gold prices firm on Delta variant threat, dollar retreat

Spot gold was up 0.4% at $1,787.48 per ounce, as of 0403 GMT, while US gold futures were up 0.3% at $1,788.80

Published 23 Aug, 2021 11:47am

Markets

Spot gold may test resistance at $1,795

The correction triggered by the resistance at $1,795 is assumed to be over

Published 23 Aug, 2021 09:24am

Markets

Spot gold may retest support at $1,775

The consolidation over the past few days suggests the formation of a top around a resistance at $1,795. Unless the metal unexpectedly breaks above this level on Friday

Published 20 Aug, 2021 10:43am

Markets

Gold firms as virus woes dent risk appetite, dollar strength caps gains

Spot gold rose 0.2% to $1,784.07 per ounce by 352 GMT, and is up about 0.3% for the week. US gold futures were up 0.3% at $1,786.10

Published 20 Aug, 2021 10:31am

Markets

Spot gold may fall into $1,759-$1,769 range

The steep rise from $1,716.57 has slowed around a resistance at $1,795. The sideways move below this barrier signals the formation of a top

Published 19 Aug, 2021 01:28pm

Markets

Gold falls as Fed's taper talks boost U.S. dollar

Spot gold fell 0.5% to $1,779.52 per ounce by 0640 GMT

Published 19 Aug, 2021 01:19pm

Markets

Spot gold target range of $1,801-$1,811 aborted

On the daily chart, a small doji formed on Tuesday, around a strong resistance of $1,800

Published 18 Aug, 2021 10:39am

Markets

Spot gold may rise into $1,801-$1,811 range

Support is at $1,775, a break below which could signal the completion of the wave c. A bearish target zone of $1,743-$1,759 will be established then

Published 17 Aug, 2021 10:42am

Markets

Spot gold may fall into $1,759-$1,769 range

A break above $1,785 could lead to a gain into a zone of $1,795-$1,811

Published 16 Aug, 2021 12:26pm

Markets

Gold pinned near one-week peak on weak consumer sentiment print

Spot gold was flat at $1,779.51 per ounce by 0100 GMT, having earlier hit a high since Aug. 6 at $1,780.82. US gold futures were up 0.2% to $1,781.20

Published 16 Aug, 2021 12:22pm

Markets

Gold hovers near one-week peak on weak consumer sentiment print

Spot gold fell 0.1% to $1,776.78 per ounce by 0342 GMT, having earlier hit its highest since Aug. 6 at $1,782.40. US gold futures were flat at $1,778.50

Published 16 Aug, 2021 10:55am

Markets

Gold ticks higher on Delta worries, eyes weekly fall again

Silver rose 0.4% to $23.25 per ounce, but was down over 4% for the week

Published 13 Aug, 2021 11:23am

Markets

Spot gold may test resistance at $1,759

The contract is riding on a wave c, which may either end around $1,759 or extend to $1,785

Published 13 Aug, 2021 11:22am

Markets

Gold steadies as US inflation data soothes early taper fears

The dollar index, meanwhile, was flat and hovered below a more than four-month high hit on Wednesday

Published 12 Aug, 2021 11:09am

Markets

Spot gold may test resistance at $1,759

Support is at $1,743, a break below which could cause a fall to $1,728

Published 12 Aug, 2021 11:02am

Markets

Gold inches lower on firm dollar, yields; US inflation data in focus

Gold is viewed as a hedge against higher inflation, but a Fed rate hike would dull bullion's appeal as that would increase the opportunity cost of holding the non-yielding metal

Published 11 Aug, 2021 10:26am

Markets

Gold gains on Delta variant concerns ahead of US inflation data

Indications in recent days of an improving labour market has raised fears of a sooner-than-expected US interest rate hike, sending gold prices to a four-month low on Monday

Published 11 Aug, 2021 10:25am

Markets

Spot gold may slowly drop towards $1,687-$1,704 range

On the daily chart, the metal is consolidating around a support at $1,718

Published 11 Aug, 2021 10:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

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

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

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

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