Trends - Physical gold demand - Business Recorder

Physical gold demand

Asia Gold: Festivities, lower domestic prices revive demand in India

Physical gold demand in India improved this week as domestic prices dropped ahead of a festival over the weekend,...

Published 01 Apr, 2022 06:18pm

Markets

Asia Gold: India dealers hope for wedding rush as price dip sparks demand

Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India...

Published 26 Nov, 2021 07:07pm

Markets

Asia Gold: Demand lacklustre in top hubs, Indian dealers eye wedding season boost

Physical gold demand in major Asian hubs softened this week with prices near multi-month peaks, although Indian...

Published 19 Nov, 2021 07:09pm

Markets

Asia Gold: Price rise caps activity in Asian hubs, India flips to discount

Physical gold demand in major Asian hubs stalled this week as higher prices kept buyers at bay, while the precious...

Published 12 Nov, 2021 06:53pm

Markets

Asia Gold: Price rise dulls activity in top hubs; silver shines in Singapore

Indian prices turns to $1.5 discount vs $2 premium last week
Premiums in China at $7-$11 an ounce

Published 22 Oct, 2021 07:16pm

Markets

Asia Gold: China markets buzz as buyers seek cover from Evergrande risks

India jewellers stock up for wedding, festival season
China's jewellery consumption could rebound 43% y-o-y: analyst
China premiums rise to $7-$12/oz
Low coronavirus cases could spur festival rush in India: dealer

Updated 24 Sep, 2021 07:24pm

Markets

Jewellers delay purchases in India; China interest ticks up

India premiums slip to $2/oz vs $3/oz last week
China premiums stay at $3-$6/oz
Japan premiums ease to $0.25 - $0.50/oz

Published 27 Aug, 2021 06:27pm

Markets

Asia Gold-Price rebound dulls appetite as summer lull takes hold

Indian jewellers plan Aug. 23 strike against hallmarking mandate
China premiums ease to $3-$6/oz

Published 20 Aug, 2021 05:43pm

Markets

Asia Gold-Indian jewellers lift shutters; discounts prevail in top hubs

China discounts at $7-$12/oz vs last week's $20-$50.
Japanese prices between $0.30 discount to $0.50 premium.

Published 11 Jun, 2021 07:18pm

Markets

Asia Gold-Demand plunges in pandemic-battered India

Indian jewellers have also stopped making purchases- dealer.
India discounts widen to $3/oz versus $2/oz last week.
China, Japan return from holidays, but demand muted.
Hong Kong premiums at $0.8-$1.8/oz, Singapore at $1.5-$2.0.

Published 07 May, 2021 05:29pm

Markets

Asia Gold: India swings to discount as pandemic stalls demand

SINGAPORE: Physical gold in India was sold at a discount this week for the first time in 2021 as a spike in...

Published 01 May, 2021 03:28am

Markets

Asia Gold-India swings to discount as pandemic stalls demand

Jewellery stores witnessing negligible footfalls- Mumbai dealer.
India offers discounts of $2/oz versus $2 premium last week.
Demand up 30% vs last week on price volatility -Singapore dealer.

Published 30 Apr, 2021 08:52pm

Markets

Asia Gold-Price dip lures some buyers, activity still muted in India

China premiums little changed at $7-$10/oz.
India premiums ease to $4 versus $5 last week.

Published 01 Apr, 2021 08:26pm

Markets

Asia Gold-Low prices spark flurry of activity in India

China premiums between $3-$7/oz amid muted activity.
Chinese net gold imports via Hong Kong fall in January.
Indian jewellers aggressively building inventory- dealer.

Published 26 Feb, 2021 09:05pm

Markets

Asia Gold: Volatile prices dim Indian sales; silver shines in some hubs

Indian consumers waiting for further dip in prices- dealer.
Chinese market in $5-$8/oz premiums.

Published 12 Feb, 2021 07:56pm

Markets

Asia Gold-Demand slows in top hubs as holiday mood dulls activity

India switches to premium of $2.5/oz vs last week's $2 discount.
China discounts unchanged at $15-$20/oz.
Dealers concerned about new coronavirus variant.
Spot gold prices set for 1% gain this week.

Published 31 Dec, 2020 08:14pm

Gainers
Losers
Leaders

Stock	Price
Oilboy Engergy (R) / Jun 28 Oilboy Engergy Limited (R)(OBOYR1)	0.76 ▲ 0.17 (28.81%)
Chakwal Spinning / Jun 28 Chakwal Spinning Mills Limited(CWSM)	1.98 ▲ 0.22 (12.50%)
Pak Gen.Ins. / Jun 28 The Pakistan General Insurance Co. Ltd.(PKGI)	10.85 ▲ 0.90 (9.05%)
Oilboy Energy / Jun 28 Oilboy Energy Limited(OBOY)	11.18 ▲ 0.88 (8.54%)
Shahtaj Textile / Jun 28 Shahtaj Textile Limited(STJT)	94.77 ▲ 6.61 (7.50%)
Leather Up Ltd. / Jun 28 Leather Up Limited(LEUL)	14.35 ▲ 1.00 (7.49%)
Shams Textile / Jun 28 Shams Textile Mills Limited(STML)	46.20 ▲ 3.21 (7.47%)
Zahid Jee Tex. / Jun 28 Zahidjee Textile Mills Limited(ZAHID)	22.73 ▲ 1.58 (7.47%)
Shahtaj Sugar / Jun 28 Shahtaj Sugar Mills Limited(SHJS)	53.00 ▲ 3.50 (7.07%)
B.R.R.Guardian / Jun 28 B.R.R. Guardian Modaraba(BRR)	11.00 ▲ 0.71 (6.90%)

Stock	Price
Cordoba Logistics / Jun 28 Cordoba Logistics & Ventures Limited(CLVL)	12.00 ▲ -2.62 (-17.92%)
B. F. Mod. / Jun 28 B.F. Modaraba(BFMOD)	4.13 ▲ -0.87 (-17.40%)
Hira Textile / Jun 28 Hira Textile Mills Limited(HIRAT)	2.42 ▲ -0.24 (-9.02%)
Samba Bank / Jun 28 Samba Bank Limited(SBL)	8.30 ▲ -0.76 (-8.39%)
Safe Mix Con.Lt / Jun 28 Safe Mix Concrete Limited(SMCPL)	6.51 ▲ -0.59 (-8.31%)
Universal Network / Jun 28 Universal Network Systems Limited(GEMUNSL)	44.59 ▲ -3.61 (-7.49%)
TPL Insurance / Jun 28 TPL Insurance Limited(TPLI)	29.90 ▲ -2.42 (-7.49%)
Trust Sec.& Brok. / Jun 28 Trust Securities & Brokerage Limited(TSBL)	14.76 ▲ -1.19 (-7.46%)
Nagina Cot. / Jun 28 Nagina Cotton Mills Limited(NAGC)	76.00 ▲ -6.09 (-7.42%)
Kohinoor Mills / Jun 28 Kohinoor Mills Limited(KML)	24.96 ▲ -1.79 (-6.69%)

Stock	Volume
Oilboy Engergy (R) / Jun 28 Oilboy Engergy Limited (R)(OBOYR1)	5,648,000 ▼ 0.00
Pak Refinery / Jun 28 Pakistan Refinery Limited(PRL)	4,918,085 ▼ 0.00
Cnergyico PK / Jun 28 Cnergyico PK Limited(CNERGY)	4,694,118 ▼ 0.00
Unity Foods Ltd / Jun 28 Unity Foods Limited(UNITY)	3,765,836 ▼ 0.00
K-Electric Ltd. / Jun 28 K-Electric Limited(KEL)	3,421,500 ▼ 0.00
TPL Corp Ltd / Jun 28 TPL Corp Limited(TPL)	3,389,500 ▼ 0.00
Treet Corp / Jun 28 Treet Corporation Limited(TREET)	2,897,000 ▼ 0.00
National Bank / Jun 28 National Bank of Pakistan(NBP)	2,372,000 ▼ 0.00
TRG Pak Ltd / Jun 28 TRG Pakistan Limited(TRG)	2,188,798 ▼ 0.00
TPL Properties / Jun 28 TPL Properties Limited(TPLP)	2,102,647 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 27	207.50
USD PKR Interbank Buying / Jun 27	207.30
USD to Japanese Yen / Jun 27	135.25
USD to Swiss Franc / Jun 27	0.96
Pound Sterling to USD / Jun 27	1.23
Euro to USD / Jun 27	1.06
UK LIBOR % / Jun 27	1.58

Stock	Volume
S&P 500 / Jun 27	3900.11
India Sensex / Jun 27	53161.28
Tokyo Nikkei / Jun 27	26856.89
Nasdaq / Jun 27	11524.55
Hang Seng / Jun 27	22049.42
FTSE 100 / Jun 27	7258.32
Dow Jones / Jun 27	31438.26
Germany DAX 30 / Jun 27	13186.07
France CAC40 / Jun 27	6047.31

Item	Value
Crude Oil USD/Barrel / Jun 27	110.74
Karachi Cotton PKR/37.32 KG / Jun 27	18980.00
Gold 10 Grams PKR / Jun 27	122200.00
Gold Spot USD/Ounce / Jun 27	1823.38
Cotton US¢/pound / Jun 27	94.02

Physical gold demand

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