Trends - Gold - Business Recorder

Gold

Spot gold may test support at $1,801

The correction may be shaped into a flat pattern or a wedge

Published 06 Jan, 2022 09:38am

Markets

Gold benefits from weaker dollar ahead of Fed minutes

NEW YORK: Gold rose on Wednesday, supported by declines in the dollar and worries over the fast-spreading Omicron...

Published 06 Jan, 2022 04:13am

Markets

Gold muted as investors weigh early rate hike bets against virus spike

Gold struggled for momentum on Wednesday, as market participants weighed prospects of early interest rate increases...

Updated 05 Jan, 2022 11:42am

Markets

Spot gold may test resistance at $1,830

Deep as it, the correction triggered by the resistance at $1,830 is gradually reversed

Updated 05 Jan, 2022 11:47am

Markets

Gold firms above $1,800 per ounce as pandemic, inflation risks linger

Gold climbed above the key $1,800-per-ounce level on Tuesday, after a sharp retreat in the last session, as some...

Updated 04 Jan, 2022 07:05pm

Markets

Gold recovers after worst sell-off in six weeks

Gold inched up on Tuesday, after a spike in US bond yields spurred by bets of earlier-than-expected interest rate...

Published 04 Jan, 2022 11:00am

Markets

Spot gold may stabilise around $1,801

The metal...

Published 04 Jan, 2022 10:45am

Markets

Gold slips from six-week high on equities strength

Gold prices slipped on Monday as higher bond yields and rallying equities weighed on the metal's safe-haven appeal ...

Updated 03 Jan, 2022 05:12pm

Markets

Gold marks yearly dip

NEW YORK: Gold prices marked their biggest yearly decline since 2015, hemmed in by a resurgent dollar as investors...

Published 01 Jan, 2022 04:07am

Markets

Gold set for worst year since 2015 on fading safe-haven demand

Gold was set on Friday for its worst year since 2015 as a global economic recovery from last year's contraction...

Updated 31 Dec, 2021 02:00pm

Markets

Spot gold may rise into $1,828-$1,830 range

Support is at $1,809, a break below which may cause a fall into $1,785-$1,797 range

Published 31 Dec, 2021 10:28am

Markets

Spot gold may retest support at $1,793

SINGAPORE: Spot gold may retest a support at $1,793 per ounce, a break below which could cause a fall into...

Published 30 Dec, 2021 10:57am

Markets

Gold set for worst performance in six years, probes $1,800

Gold was on course to record its worst performance in six years, as prices hovered around a key support level in ...

Updated 30 Dec, 2021 11:57am

Markets

Turkish central bank says to support conversion of gold deposits to lira

ISTANBUL: The Turkish Central Bank said on Wednesday it had decided to provide an incentive to those who convert...

Published 29 Dec, 2021 12:11pm

Markets

Gold eases from one-month peak as dollar, equities climb

Gold prices on Wednesday retreated from a more than one-month peak hit in the last session, as a stronger US dollar...

Updated 29 Dec, 2021 03:48pm

Markets

Gold hits more than 1-month peak

LONDON: Gold prices climbed on Tuesday as the US dollar weakened and concerns over the spread of the Omicron...

Published 29 Dec, 2021 06:57am

Markets

Gold prices off one-week high as risk appetite improves

Gold prices slipped from a one-week high in thin trading on Tuesday, as easing concerns over the Omicron coronavirus...

Published 28 Dec, 2021 10:28am

Markets

Spot gold remains neutral in $1,801-$1,815 range

SINGAPORE: Spot gold remains neutral in a range of $1,801-$1,815 per ounce, and an escape could suggest a ...

Published 27 Dec, 2021 11:25am

Markets

Gold eases on dollar bounce; Omicron fears cap losses

Gold prices edged lower in thin trade on Monday as the US dollar rebounded, though bullion was still hovering close...

Updated 27 Dec, 2021 04:15pm

Markets

Gold firms in Europe

LONDON: Gold prices edged higher on Thursday in thin, yet supportive, year-end trading en route to a weekly gain,...

Published 24 Dec, 2021 05:43am

Markets

Gold firms above $1,800, set for second weekly rise

Gold prices rose on Thursday in thin, yet supportive, year-end trading en route to a weekly gain, although an...

Published 23 Dec, 2021 08:05pm

Markets

Asia Gold: Indians step up purchases

MUMBAI: Physical gold demand in India showed a modest improvement this week as some buyers rushed to stores...

Published 19 Dec, 2021 04:37am

Markets

Gold tracks first rise in five weeks as dollar slips on central banks' hawkish moves

Gold climbed on Friday, poised for its best week since mid-November, as the dollar weakened following moves by ...

Updated 17 Dec, 2021 01:59pm

Markets

Spot gold to hover below $1,805

SINGAPORE: Spot gold faces a resistance at $1,805 per ounce, it may hover below this level for one day or retrace...

Published 17 Dec, 2021 11:00am

Markets

Gold benefits from dollar easing post-Fed meet

LONDON: Gold prices rose on Thursday, boosted by a fall in the US dollar after the Federal Reserve decided to cease...

Published 17 Dec, 2021 04:30am

Markets

Gold prices up as US dollar weakens after Fed decision

Spot gold was up 0.2% at $1,780.63 per ounce by 0135 GMT

Updated 16 Dec, 2021 12:28pm

Markets

Spot gold may rise into $1,797-$1,805 range

The bounce around a support at $1,757 looks exceptionally strong

Published 16 Dec, 2021 09:44am

Markets

Spot gold may fall to $1,747

A break above $1,774 may lead to a gain limited to $1,783

Published 15 Dec, 2021 09:55am

Markets

Gold flat as traders await Fed decision

Spot gold were flat at $1,769.71 per ounce by 608 GMT after a near 1% drop on Tuesday

Updated 15 Dec, 2021 01:16pm

Markets

US MIDDAY: Gold retreats over 1pc

NEW YORK: Gold fell more than 1% on Tuesday after a jump in US producer prices fuelled expectations for...

Published 15 Dec, 2021 06:34am

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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