Trends - Gold - Business Recorder

Gold

Gold up after worst week since June

LONDON: Gold prices edged up on Monday as fighting in Ukraine buoyed demand for the safe-haven asset, although...

Published 22 Mar, 2022 05:21am

Markets

Spot gold may test resistance at $1,941

SINGAPORE: Spot gold may test a resistance at $1,941 per ounce, a break above which could lead to a gain into...

Published 21 Mar, 2022 12:24pm

Markets

Gold set for worst week since Nov

NEW YORK: Gold was on track for its biggest weekly drop in nearly four months on Friday, after demand for the...

Published 19 Mar, 2022 04:42am

Markets

Spot gold may retest resistance at $1,948

SINGAPORE: Spot gold may retest a resistance at $1,948 per ounce, a break above which could lead to a gain into...

Published 18 Mar, 2022 11:51am

Markets

Gold faces worst week in nearly 4 months as safe-haven demand ebbs

Gold prices fell on Friday en route to their worst week since late November, as safe-haven demand fuelled by...

Published 18 Mar, 2022 11:30am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.032...

Published 18 Mar, 2022 05:20am

Markets

Spot gold may bounce more into $1,960-$1,979 range

SINGAPORE: Spot gold may bounce more into a zone of $1,960-$1,979 per ounce, as it has found a strong support at...

Published 17 Mar, 2022 09:50am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold fell to more than a two-week low on Wednesday as the safe-haven appeal of the metal was dimmed by...

Published 17 Mar, 2022 04:53am

Markets

Gold steadies as focus turns to Fed decision

LONDON: Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as...

Published 17 Mar, 2022 04:53am

Markets

Spot gold may bounce into $1,941-$1,960 range

SINGAPORE: Spot gold may bounce into a zone of $1,941-$1,960 per ounce, as suggested by the hourly MACD. A bullish...

Published 16 Mar, 2022 10:05am

Markets

Gold slides on Russia-Ukraine talks

LONDON: Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for...

Published 16 Mar, 2022 05:40am

Markets

US MIDDAY: Gold drops to 2-week low

NEW YORK: Gold fell nearly 2% on Tuesday to a two-week trough, as hopes of progress in peace talks between Russia ...

Published 16 Mar, 2022 05:40am

Business & Finance

China Jan-Feb daily aluminium output rises to highest since mid-2021

BEIJING: China’s daily aluminium output in January and February rose to its highest since mid-2021 despite pollution...

Published 15 Mar, 2022 10:17am

Russia counts on ties with China

LONDON: Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from ...

Updated 14 Mar, 2022 03:51pm

Markets

Gold prices fall

KARACHI: Gold prices on Friday saw a little fall on the local market, traders said. Down by Rs450 and Rs386, gold...

Published 12 Mar, 2022 04:08am

Markets

Spot gold may retest support at $1,976

SINGAPORE: Spot gold may retest a support at $1,976 per ounce, a break could cause a fall into $1,924-$1,953...

Published 11 Mar, 2022 10:07am

Markets

Gold slips on higher yields; set for second weekly gain on Ukraine woes

Gold slipped on Friday, as US Treasury yields gained on red-hot inflation data capping bullion’s safe-haven appeal,...

Published 11 Mar, 2022 09:45am

Markets

US MIDDAY: Gold steadies near $2,000/oz

NEW YORK: Gold steadied near the $2,000 an ounce level on Thursday, after big gyrations over the past couple of...

Published 11 Mar, 2022 05:12am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 20.568...

Published 11 Mar, 2022 05:12am

Markets

Gold rises as investors track Russia-Ukraine talks, await US CPI

LONDON: Gold firmed on Thursday after a sharp correction in the previous session as worries over the Russia-Ukraine...

Published 11 Mar, 2022 05:12am

Markets

Spot gold may slide to $1,952

SINGAPORE: Spot gold may slide to $1,952 per ounce, as it has broken a support at $1,976. The current fall is still...

Published 10 Mar, 2022 10:07am

Markets

Gold prices drop 1% as yields, risk appetite rebound

Gold prices fell on Thursday, as US Treasury yields rose while investors opted for riskier assets amid a retreat in...

Published 10 Mar, 2022 10:01am

Markets

Gold, palladium retreat from highs as risky assets stabilize

LONDON: Gold and palladium on Wednesday hit the brakes on a blistering rally as riskier assets attempted a comeback,...

Published 10 Mar, 2022 06:30am

Markets

South Africa’s rand rises on strong commodity prices

JOHANNESBURG: South Africa’s rand rose in early trade on Wednesday, supported by higher commodity prices, but gains...

Published 09 Mar, 2022 01:39pm

Markets

Gold flat as firmer dollar, yields offset Ukraine worries

Gold held ground on Wednesday after rising to a 19-month peak in the last session, as a stronger dollar and higher...

Published 09 Mar, 2022 09:36am

Markets

Gold heads for record peak

NEW YORK: Gold on Tuesday extended its blistering rally towards an all-time high as investors made a beeline for the...

Published 09 Mar, 2022 06:44am

Markets

Gold prices make gains

KARACHI: Gold prices on Monday saw further gains on the local market, traders said. An increase of another Rs 600,...

Published 08 Mar, 2022 05:15am

Markets

Gold crosses $2,000-mark, palladium at record high on Ukraine crisis

Gold prices on Monday scaled the $2,000-level for the first time in a year-and-a-half, as investors rushed to the...

Published 07 Mar, 2022 09:45am

Markets

US MIDDAY: Palladium hits high; gold rises

NEW YORK: Palladium extended gains to a more than seven-month high on Thursday, spurred by concerns over supply...

Published 04 Mar, 2022 04:37am

Markets

Gold steady as less-hawkish Fed counters safe-haven appeal

Gold prices were steady on Thursday as risk appetite improved after the US Federal Reserve chairman tried to assuage...

Updated 03 Mar, 2022 11:33am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Zephyr Textile / May 23 Zephyr Textiles Limited(ZTL)	11.50 ▲ 1.00 (9.52%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 23 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	79.34 ▲ 5.49 (7.43%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
Escorts Bank / May 23 Escorts Investment Bank Limited(ESBL)	6.05 ▲ -0.70 (-10.37%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.00 ▲ -0.45 (-10.11%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 23 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	9,889,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	7,571,500 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	6,109,500 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,998,597 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	5,449,620 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	5,014,240 ▼ 0.00
Hum Network / May 23 Hum Network Limited(HUMNL)	4,997,000 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	4,924,900 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,962,500 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,752,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

Gold

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