Trends - Platinum - Business Recorder

Platinum

Gold steadies as rate hike bets recede, Fed minutes awaited

Spot gold was steady at $1,787.59 per ounce by 0327 GMT, after hitting its highest since June 18 at $1,794.86 on Friday

Published 05 Jul, 2021 09:58am

Markets

Gold eases in Europe

• Gold down over 7pc so far this month • Platinum eyes worst quarter and month since March 2020...

Published 01 Jul, 2021 04:09am

Markets

Gold set for weekly gain as inflation data calms Fed taper fears

Gold prices posted sharp losses last week after the Fed projected rate increases as soon as 2023, prompting a sell-off of non-yielding bullion.

Published 25 Jun, 2021 11:26pm

Markets

Gold falls over 2pc palladium sheds 9pc as post-Fed slide accelerates

Weakening physical demand and slowing speculative flows into gold, both of which began before the Fed meeting, could also help to drive a further pullback, Ghali added.

Published 17 Jun, 2021 10:18pm

Markets

Gold slips as investors fear U.S. Fed taper hints

Spot gold fell 0.7pc to $1,863.98 per ounce by 1:43 p.m EDT (1743 GMT) after hitting its lowest level since May 17 at $1,848.49. U.S. gold futures settled 0.7pc down at $1,865.9.

Updated 15 Jun, 2021 12:54am

Markets

Gold slips as firmer dollar offsets easing US bond yields

Silver dipped 0.7% to $27.58 per ounce, palladium fell 0.1% to $2,841.20, while platinum rose 0.2% to $1,164.37.

Published 07 Jun, 2021 11:27am

Markets

Gold flirts with $1,900 again after U.S. inflation ticks up

U.S. consumer prices accelerated in the year to April, with a measure of underlying inflation blowing past the Federal Reserve's 2pc target.

Published 28 May, 2021 10:21pm

Markets

Gold hits 4-1/2 month peak as dollar, U.S. yields weaken

Spot gold rose 0.8pc to $1,896.74 per ounce by 1:42 p.m. EDT (1742 GMT), having earlier hit its highest since Jan. 8 at $1,898.40. U.S. gold futures settled up 0.7pc at $1,898.

Published 26 May, 2021 01:17am

Markets

Gold firms as US jobs data miss cements low rates view

Spot gold may test a resistance at $1,847 per ounce, a break above which could lead to a gain to $1,876, according to Reuters technical analyst Wang Tao.

Published 10 May, 2021 11:24am

Markets

Gold inches higher on subdued dollar ahead of US data

China's gold consumption soared 93.9% in the first three months from the same quarter a year earlier, the China Gold Association said on Friday.

Published 03 May, 2021 12:08pm

Markets

Gold dips after strong US data; set to post worst week in a month

"Better economic data weighed on bonds, with yields subsequently rising and denting investor demand for the precious metal," ANZ analysts said in a note.

Published 30 Apr, 2021 11:37am

Markets

Gold gains after US Fed maintains accommodative stance

Gold tends to benefit from widespread stimulus measures from central banks because it is viewed as a hedge against inflation.

Published 29 Apr, 2021 11:16am

Markets

Gold heads for weekly rise on subdued US Treasury yields, dollar

Palladium rose 0.1% to $2,839.21 per ounce but was off a record $2,891.50 hit on Thursday.

Published 23 Apr, 2021 11:29am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 10.131...

Published 23 Apr, 2021 05:12am

Markets

Gold eases off seven-week high as US bond yields rise

More than 141.67 million people have been reported to be infected by the novel coronavirus globally and 3,163,124? have died, according to a Reuters tally.

Published 20 Apr, 2021 11:30am

Markets

Gold firms as softer US dollar, yields lift appeal

Some investors view gold as a hedge against higher inflation that could follow stimulus measures.

Published 19 Apr, 2021 11:24am

Markets

Gold hovers near more than 1-month high as bond yields slip

Gold tends to benefit from widespread stimulus measures from central banks because it is widely viewed as a hedge against inflation.

Published 16 Apr, 2021 11:20am

Markets

Gold falls in NY

NEW YORK: Gold fell on Wednesday as an uptick in US Treasury yields weighed on the non-yielding bullion’s appeal,...

Published 15 Apr, 2021 03:22am

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 8.551 ...

Published 14 Apr, 2021 03:21am

Markets

Gold gains ground in New York trade

• Platinum, palladium climb NEW YORK: Gold prices bounced off a more than one-week low on Tuesday after data...

Published 14 Apr, 2021 03:21am

Markets

Gold rebounds after strong U.S. inflation data, weaker dollar

The U.S. dollar slipped to three-week lows after the data, making gold more appealing for holders of other currencies, while benchmark 10-year Treasury yields also ticked lower.

Updated 14 Apr, 2021 12:01am

Markets

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices

Published 10 Apr, 2021 04:34am

Markets

Gold slips on buoyant bond yields; set for weekly gain

Spot gold was 0.7pc lower at $1,744.07 per ounce by 1:44 p.m. EDT (1744 GMT), having hit its highest price since March 1 at $1,758.45 on Thursday.

Updated 10 Apr, 2021 12:11am

Markets

Gold prices slip as strong U.S. jobs data boosts dollar, yields

Spot gold was down 0.1pc to $1,726.36 per ounce by 0733 GMT. Gold futures were flat at $11,762.40 per ounce.

Published 05 Apr, 2021 01:05pm

Markets

Gold steady as inflation bets counter firm U.S. dollar, yields

Gold is seen as a hedge against rising inflation, but firmer Treasury yields, which translate into a higher opportunity cost for holding bullion, have challenged that status.

Published 05 Apr, 2021 08:48am

Markets

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.133...

Published 03 Apr, 2021 03:41am

Markets

Gold surges in Europe

ROTTERDAM/LONDON: Gold rose over 1% on Thursday on a retreat in the dollar and US bond yields, while grim jobless...

Published 02 Apr, 2021 04:58am

Markets

Gold prices edge up on new virus strain, stimulus-led inflation woes

US government bond yields rose on Wednesday after the US President unveiled the infrastructure endeavor.

Published 01 Apr, 2021 10:43am

Markets

South Africa's rand firms after trade data, stocks down

South Africa's trade surplus widened to 28.96 billion rand ($1.96 billion) in February from a revised surplus of 12.42 billion rand in January, data from the revenue service showed.

Published 31 Mar, 2021 11:42pm

Markets

Gold rises on softer dollar, but set for worst quarter in over 4 years

Gold is down over 9pc for the quarter and is on track for its worst quarterly performance since end-December 2016.

Updated 01 Apr, 2021 12:01am

Gainers
Losers
Leaders

Stock	Price
Ghazi Fab. / Jul 27 Ghazi Fabrics International Limited(GFIL)	11.60 ▲ 1.00 (9.43%)
First UDL Mod. / Jul 27 First UDL Modaraba(FUDLM)	11.50 ▲ 0.89 (8.39%)
First Prud Mod. / Jul 27 First Prudential Modaraba(PMI)	2.89 ▲ 0.22 (8.24%)
J.A.Textile / Jul 27 J.A. Textile Mills Limited(JATM)	13.88 ▲ 1.00 (7.76%)
Towellers Ltd / Jul 27 Towellers Limited(TOWL)	138.12 ▲ 9.63 (7.49%)
Service Tex. / Jul 27 Service Industries Textiles Limited(SERT)	31.61 ▲ 2.20 (7.48%)
Al-Mali / Jul 27 Modaraba Al-Mali(MODAM)	17.85 ▲ 1.24 (7.47%)
Khairpur / Jul 27 Khairpur Sugar Mills Limited(KPUS)	67.45 ▲ 4.45 (7.06%)
Saudi Pak Leas. / Jul 27 Saudi Pak Leasing Company Limited(SPLC)	2.70 ▲ 0.17 (6.72%)
Husein Sug. / Jul 27 Husein Sugar Mills Limited(HSM)	26.39 ▲ 1.63 (6.58%)

Stock	Price
Pak. P.V.C. / Jul 27 Pakistan PVC Limited(PPVC)	4.91 ▲ -0.89 (-15.34%)
Unicap Mod. / Jul 27 Unicap Modaraba(UCAPM)	2.62 ▲ -0.25 (-8.71%)
Gatron Ind. / Jul 27 Gatron (Industries) Limited(GATI)	455.00 ▲ -35.70 (-7.28%)
Tandlianwala / Jul 27 Tandlianwala Sugar Mills Limited(TSML)	143.30 ▲ -10.77 (-6.99%)
Janana D Mal / Jul 27 Janana De Malucho Textile Mills Limited(JDMT)	88.10 ▲ -3.90 (-4.24%)
Kohinoor Power / Jul 27 Kohinoor Power Company Limited(KOHP)	5.51 ▲ -0.20 (-3.50%)
KASB Mod. / Jul 27 KASB Modaraba(KASBM)	2.85 ▲ -0.08 (-2.73%)
S.G. Power Ltd. / Jul 27 S.G. Power Limited(SGPL)	4.85 ▲ -0.13 (-2.61%)
Ravi Textile / Jul 27 Ravi Textile Mills Limited(RAVT)	20.60 ▲ -0.52 (-2.46%)
AKD Hospitality / Jul 27 AKD Hospitality Limited(AKDHL)	435.00 ▲ -10.00 (-2.25%)

Stock	Volume
Worldcall / Jul 27 Worldcall Telecom Limited(WTL)	7,927,000 ▼ 0.00
Gul Ahmed / Jul 27 Gul Ahmed Textile Mills Limited(GATM)	4,531,000 ▼ 0.00
Al Shaheer Corp. / Jul 27 Al Shaheer Corporation Limited(ASC)	3,065,000 ▼ 0.00
Byco Petroleum / Jul 27 Byco Petroleum Pakistan Limited(BYCO)	3,028,000 ▼ 0.00
Telecard Ltd. / Jul 27 Telecard Limited(TELE)	2,931,000 ▼ 0.00
Panther Tyres / Jul 27 Panther Tyres Limited(PTL)	2,735,500 ▼ 0.00
TPL Properties / Jul 27 TPL Properties Limited(TPLP)	2,204,500 ▼ 0.00
Image Pakistan / Jul 27 Image Pakistan Limited(IMAGE)	1,992,500 ▼ 0.00
Citi Pharma / Jul 27 Citi Pharma Limited(CPHL)	1,695,000 ▼ 0.00
Al-Mali / Jul 27 Modaraba Al-Mali(MODAM)	1,489,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	160.40
USD PKR Interbank Buying / Jul 26	160.30
USD to Japanese Yen / Jul 26	110.36
USD to Swiss Franc / Jul 26	0.92
Pound Sterling to USD / Jul 26	1.38
Euro to USD / Jul 26	1.18
UK LIBOR % / Jul 26	0.08

Stock	Volume
S&P 500 / Jul 26	4422.30
India Sensex / Jul 26	52852.27
Tokyo Nikkei / Jul 26	27833.29
Nasdaq / Jul 26	14840.71
Hang Seng / Jul 26	26192.32
FTSE 100 / Jul 26	7025.43
Dow Jones / Jul 26	35144.31
Germany DAX 30 / Jul 26	15618.98
France CAC40 / Jul 26	6568.60

Item	Value
Crude Oil / Jul 26	72.16
Karachi Cotton Assoc. / Jul 26	12880.00
Gold 10 Grams / Jul 26	94050.00
Gold Spot / Jul 26	1797.85
Cotton / Jul 26	89.60

Platinum

Gold steadies as rate hike bets recede, Fed minutes awaited

Gold eases in Europe

Gold set for weekly gain as inflation data calms Fed taper fears

Gold falls over 2pc palladium sheds 9pc as post-Fed slide accelerates

Gold slips as investors fear U.S. Fed taper hints

Gold slips as firmer dollar offsets easing US bond yields

Gold flirts with $1,900 again after U.S. inflation ticks up

Gold hits 4-1/2 month peak as dollar, U.S. yields weaken

Gold firms as US jobs data miss cements low rates view

Gold inches higher on subdued dollar ahead of US data

Gold dips after strong US data; set to post worst week in a month

Gold gains after US Fed maintains accommodative stance

Gold heads for weekly rise on subdued US Treasury yields, dollar

PMEX daily trading report

Gold eases off seven-week high as US bond yields rise

Gold firms as softer US dollar, yields lift appeal

Gold hovers near more than 1-month high as bond yields slip

Gold falls in NY

PMEX daily trading report

Gold gains ground in New York trade

Gold rebounds after strong U.S. inflation data, weaker dollar

PMEX daily trading report

Gold slips on buoyant bond yields; set for weekly gain

Gold prices slip as strong U.S. jobs data boosts dollar, yields

Gold steady as inflation bets counter firm U.S. dollar, yields

PMEX daily trading report

Gold surges in Europe

Gold prices edge up on new virus strain, stimulus-led inflation woes

South Africa's rand firms after trade data, stocks down

Gold rises on softer dollar, but set for worst quarter in over 4 years

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