Trends - Platinum - Business Recorder

Platinum

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

Markets

Gold slides 2pc to near 3-week trough as U.S. yields surge

The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.

Updated 31 Mar, 2021 12:05am

Markets

Gold hovers near 2-week low as US dollar rallies

British consumers reined in their borrowing at the fastest annual pace on record in February, according to Bank of England data.

Published 30 Mar, 2021 11:07am

Markets

Gold falls in Europe

LONDON: Gold slipped more than 1% to an over two-week low on Monday as a firm dollar and rising US Treasury yields...

Published 30 Mar, 2021 05:45am

Markets

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.260...

Published 27 Mar, 2021 05:41am

Markets

Gold shrugs off higher yields, dollar after Powell testimony

Spot gold rose 0.5pc to $1,735.24 per ounce by 12:48 P.M EDT (1648 GMT). U.S. gold futures gained 0.6pc to $1,734.90.

Updated 25 Mar, 2021 12:06am

Markets

Gold slips as Turkish central bank chief's ouster raises dollar's appeal

Spot gold fell 0.3% to $1,739.80 per ounce by 0052 GMT. US gold futures were down 0.2% at $1,738.80 per ounce.

Published 22 Mar, 2021 12:03pm

Markets

Gold holds below 2-week high as investors await Fed decision

Palladium jumped about 5% and scaled to a one-year high of $2,520.31 in the preceding session.

Published 17 Mar, 2021 11:35am

Markets

Nornickel downgrades output forecast by 15-20pc

MOSCOW: Nornickel expects its 2021 nickel, copper, platinum and palladium output to fall 15-20% short of original...

Published 17 Mar, 2021 04:45am

Markets

Gold muted as markets wait for US Fed meeting

Investors now eye the US Commerce Department's February retail sales data due on Tuesday, following January's 5.3% surge.

Published 16 Mar, 2021 11:43am

Gainers
Losers
Leaders

Stock	Price
786 Investments / May 8 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 8 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 8 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 8 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / May 8 786 Investments Limited(786)	7.55 ▼ 0.00 (0.00%)
AL- Abbas / May 8 Al-Abbas Sugar Mills Limited(AABS)	352.25 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	68.92 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	780.20 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / May 8 Attock Cement Pakistan Limited(ACPL)	161.23 ▼ 0.00 (0.00%)
Adam Sugar / May 8 Adam Sugar Mills Limited(ADAMS)	23.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	152.30
USD PKR Interbank Buying / May 7	152.20
USD to Japanese Yen / May 7	108.60
USD to Swiss Franc / May 7	0.90
Pound Sterling to USD / May 7	1.40
Euro to USD / May 7	1.22
UK LIBOR % / May 7	0.06

Stock	Volume
S&P 500 / May 7	4232.60
India Sensex / May 7	49206.47
Tokyo Nikkei / May 7	29357.82
Nasdaq / May 7	13752.24
Hang Seng / May 7	28610.65
FTSE 100 / May 7	7129.71
Dow Jones / May 7	34777.76
Germany DAX 30 / May 7	15399.65
France CAC40 / May 7	6385.51

Item	Value
Crude Oil / May 7	64.90
Karachi Cotton Assoc. / May 7	11300.00
Gold 10 Grams / May 7	89163.00
Gold Spot / May 7	1831.30
Cotton / May 7	89.66

Platinum

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

Gold slides 2pc to near 3-week trough as U.S. yields surge

Gold hovers near 2-week low as US dollar rallies

Gold falls in Europe

PMEX daily trading report

Gold shrugs off higher yields, dollar after Powell testimony

Gold slips as Turkish central bank chief's ouster raises dollar's appeal

Gold holds below 2-week high as investors await Fed decision

Nornickel downgrades output forecast by 15-20pc

Gold muted as markets wait for US Fed meeting

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