Trends - Gold - Business Recorder

Gold

Volatile gold prices could dampen Indian demand in Q2

MUMBAI: India’s gold demand is likely to remain soft in second quarter after falling 18% in the first quarter as...

Published 28 Apr, 2022 11:31am

Markets

Gold falls to 10-week low on lofty dollar, imminent US rate hike

Gold prices fell to a 10-week low on Thursday, as an elevated US dollar hurt demand for greenback-priced bullion,...

Published 28 Apr, 2022 10:55am

Markets

Gold hits 2-month low as rallying dollar saps demand

LONDON: Gold prices slipped 1% to a two-month low earlier on Wednesday as a rally in dollar on expectations of ...

Published 28 Apr, 2022 05:37am

Markets

China’s Q1 gold consumption down 9.69% y/y, hit by price rise, COVID

BEIJING: China’s gold consumption fell 9.69% in the first quarter from the corresponding period a year earlier, the...

Published 27 Apr, 2022 12:25pm

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 21.859...

Published 27 Apr, 2022 05:19am

Markets

Spot gold may test resistance at $1,908

SINGAPORE: Spot gold may test a resistance at $1,908 per ounce, a break above which could lead to a gain into...

Published 26 Apr, 2022 09:41am

Markets

Gold regains some ground as US bond yields, dollar edge lower

Gold prices rose on Tuesday after hitting a near one-month low in the previous session, as a slight pullback in the...

Published 26 Apr, 2022 09:39am

Markets

Gold slips over 1pc amid US rate hike jitters, robust dollar

LONDON: Gold prices fell more than 1% on Monday to their lowest in four weeks, as prospects of aggressive policy...

Published 26 Apr, 2022 05:20am

Markets

Spot gold targets $1,889

SINGAPORE: Spot gold may test a support at $1,915 per ounce, with a good chance of breaking below this level and...

Published 25 Apr, 2022 11:48am

Markets

Gold heads for weekly dip

NEW YORK: Gold fell 1% on Friday en route to its biggest weekly decline since mid-March as indications of fast...

Published 23 Apr, 2022 04:45am

Markets

Gold steadies as dollar, bond yields ease

LONDON: Gold steadied on Wednesday, recouping some losses after hitting a near two-week trough, as the dollar and US...

Published 21 Apr, 2022 05:26am

Markets

Gold hits over one-week low as firm bond yields, dollar weigh

Gold prices fell on Wednesday to their lowest in more than a week, as a elevated US dollar and Treasury yields...

Published 20 Apr, 2022 10:12am

Markets

US MIDDAY: Gold retreats 1pc

NEW YORK: Gold fell over 1% on Tuesday as a stronger dollar and rising Treasury yields overshadowed safe-haven...

Published 20 Apr, 2022 05:12am

Markets

US MIDDAY: Gold hits 1-month high

NEW YORK: Gold rose to a one-month high on Monday, just shy of the $2,000 an ounce level, as concerns around the...

Published 19 Apr, 2022 05:32am

Markets

Spot gold may test resistance at $1,952

SINGAPORE: Spot gold may test a resistance at $1,952 per ounce, a break above which could lead to a gain into the...

Published 11 Apr, 2022 11:44am

Markets

Gold slips as rising Treasury yields bolster dollar

Gold prices slipped in range-bound trading on Monday as surging Treasury yields boosted the dollar and countered...

Published 11 Apr, 2022 10:47am

Markets

Spot gold remains neutral in $1,915-$1,940 range

SINGAPORE: Spot gold remains neutral in a range of $1,915-$1,940 per ounce, and an escape could suggest a direction....

Published 08 Apr, 2022 10:56am

Markets

Gold flat as firm dollar, yields counter Ukraine uncertainty

Gold was flat in range-bound trade on Thursday, as the uncertainty over the Ukraine conflict offset pressure from...

Published 07 Apr, 2022 01:22pm

Markets

Spot gold biased to fall into $1,878-$1,898 range

SINGAPORE: Spot gold is biased to fall into a range of $1,878 to $1,898 per ounce, following its two failures to...

Published 06 Apr, 2022 10:42am

Markets

Gold slips as US dollar holds firm on safe-haven flows

Gold prices eased on Tuesday as the dollar held firm on rising prospects of further sanctions against Russia and...

Published 05 Apr, 2022 01:16pm

Markets

Spot gold neutral in $1,915-$1,940 range

SINGAPORE: Spot gold looks neutral in a range of $1,915-$1,940 per ounce, and an escape could suggest a...

Published 05 Apr, 2022 11:17am

Markets

Gold slips as dollar, yields strengthen on robust US jobs data

Gold prices fell on Monday as the dollar and Treasury yields firmed after a solid US payrolls report raised...

Published 04 Apr, 2022 12:54pm

Markets

Spot gold may test support at $1,924

SINGAPORE: Spot gold may test a support at $1,924 per ounce, with a good chance of breaking below this level and...

Published 01 Apr, 2022 10:15am

Markets

Gold heads for best quarter in six on Russia-Ukraine war

LONDON: Gold was on course to post its biggest quarterly gain since September 2020 as the safe-haven metal’s ...

Published 01 Apr, 2022 05:41am

Markets

Gold falls, eyes best quarter in six on Ukraine crisis

Gold fell in range-bound trade on Thursday, but the safe-haven metal was set for its biggest quarterly gain since...

Published 31 Mar, 2022 10:56am

Markets

Gold rises on weaker dollar, caution on Ukraine

LONDON: Gold rose on Wednesday, buoyed by a weaker dollar and a slight pullback in US bond yields, while investors...

Published 31 Mar, 2022 05:11am

Markets

Gold gains as dollar, yields weaken; Russia-Ukraine optimism weighs

Gold prices rose on Wednesday, supported by a dip in the US dollar and Treasury yields, though signs of progress in...

Published 30 Mar, 2022 11:45am

Markets

US MIDDAY: Gold falls; palladium sinks 8pc

NEW YORK: Gold retreated on Monday on pressure from higher US Treasury yields and a firmer dollar, while easing...

Published 29 Mar, 2022 05:49am

Markets

Gold falls over 1% as US yields, dollar rise

Gold prices dropped more than 1% on Monday, weighed by a spike in US Treasury yields and a stronger dollar, and as...

Published 28 Mar, 2022 04:57pm

Markets

Gold prices drop as dollar strengthens; Ukraine peace talks in focus

Gold prices fell on Monday as the dollar index gained and US Treasury yields held firm near multi-month highs, with...

Published 28 Mar, 2022 11:38am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / May 28 SME Leasing Limited(SLL)	3.40 ▲ 0.95 (38.78%)
Reliance Ins. / May 28 Reliance Insurance Company Limited(RICL)	6.45 ▲ 0.95 (17.27%)
Escorts Bank / May 28 Escorts Investment Bank Limited(ESBL)	7.06 ▲ 1.00 (16.50%)
Punjab Mod / May 28 First Punjab Modaraba(FPJM)	1.92 ▲ 0.22 (12.94%)
Dandot Cement / May 28 Dandot Cement Company Limited(DNCC)	8.20 ▲ 0.90 (12.33%)
F.Treet Manuf / May 28 First Treet Manufacturing Modaraba(FTMM)	8.75 ▲ 0.75 (9.38%)
Samba Bank / May 28 Samba Bank Limited(SBL)	10.25 ▲ 0.86 (9.16%)
Ruby Tex. / May 28 Ruby Textile Mills Limited(RUBY)	4.35 ▲ 0.35 (8.75%)
PICIC Ins.Ltd. / May 28 PICIC Insurance Limited(PIL)	1.03 ▲ 0.08 (8.42%)
Husein Sugar / May 28 Husein Sugar Mills Limited(HSM)	13.72 ▲ 1.00 (7.86%)

Stock	Price
Tri-Star Mutual / May 28 Tri-Star Mutual Fund Limited(TSMF)	5.75 ▲ -1.00 (-14.81%)
Nazir Cotton Mills / May 28 Nazir Cotton Mills Limited(NCML)	5.17 ▲ -0.68 (-11.62%)
Pak Gen.Ins. / May 28 The Pakistan General Insurance Co. Ltd.(PKGI)	8.20 ▲ -0.99 (-10.77%)
Silk Bank Ltd / May 28 Silkbank Limited(SILK)	1.29 ▲ -0.14 (-9.79%)
Askari Life Assur. / May 28 Askari Life Assurance Company Limited(ALAC)	6.21 ▲ -0.67 (-9.74%)
Ist.Dawood Bank / May 28 First Dawood Investment Bank Limited(FDIBL)	2.10 ▲ -0.18 (-7.89%)
Ghazi Fabrics / May 28 Ghazi Fabrics International Limited(GFIL)	5.81 ▲ -0.49 (-7.78%)
Thal Ind.Corp. / May 28 Thal Industries Corporation Limited(TICL)	253.91 ▲ -20.58 (-7.50%)
Cordoba Logistics / May 28 Cordoba Logistics & Ventures Limited(CLVL)	13.21 ▲ -1.07 (-7.49%)
Philip Morris Pak. / May 28 Philip Morris (Pakistan) Limited(PMPK)	536.53 ▲ -43.47 (-7.49%)

Stock	Volume
Cnergyico PK / May 28 Cnergyico PK Limited(CNERGY)	63,944,791 ▼ 0.00
Pak Refinery / May 28 Pakistan Refinery Limited(PRL)	54,932,038 ▼ 0.00
WorldCall Telecom / May 28 Worldcall Telecom Limited(WTL)	21,383,000 ▼ 0.00
Hum Network / May 28 Hum Network Limited(HUMNL)	21,349,500 ▼ 0.00
Ghani Glo Hol / May 28 Ghani Global Holdings Limited(GGL)	19,460,637 ▼ 0.00
Pak Elektron / May 28 Pak Elektron Limited(PAEL)	19,140,500 ▼ 0.00
Telecard Limited / May 28 Telecard Limited(TELE)	18,961,000 ▼ 0.00
K-Electric Ltd. / May 28 K-Electric Limited(KEL)	15,469,500 ▼ 0.00
Unity Foods Ltd / May 28 Unity Foods Limited(UNITY)	12,464,558 ▼ 0.00
Fauji Foods Ltd / May 28 Fauji Foods Limited(FFL)	11,951,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	199.40
USD PKR Interbank Buying / May 27	199.20
USD to Japanese Yen / May 27	127.12
USD to Swiss Franc / May 27	0.96
Pound Sterling to USD / May 27	1.26
Euro to USD / May 27	1.07
UK LIBOR % / May 27	0.82

Stock	Volume
S&P 500 / May 27	4158.24
India Sensex / May 27	54884.66
Tokyo Nikkei / May 27	26781.68
Nasdaq / May 27	12131.13
Hang Seng / May 27	20697.36
FTSE 100 / May 27	7585.46
Dow Jones / May 27	33212.96
Germany DAX 30 / May 27	14462.19
France CAC40 / May 27	6515.75

Item	Value
Crude Oil USD/Barrel / May 27	115.07
Karachi Cotton PKR/37.32 KG / May 27	21180.00
Gold 10 Grams PKR / May 27	122600.00
Gold Spot USD/Ounce / May 27	1853.72
Cotton US¢/pound / May 27	122.95

Gold

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