Trends - Platinum - Business Recorder

Platinum

Gold jumps on softer dollar, inflation fears

Gold prices jumped on Wednesday, after the U.S. dollar weakened, as worries over rising inflation and supply chain...

Published 21 Oct, 2021 12:04am

Markets

Gold resumes retreat on dollar strength with all eyes on Fed

Gold's slight rebound on Friday from a sharp selloff in the previous session lost steam as the dollar gained, ...

Published 17 Sep, 2021 11:23pm

Markets

Gold hastens retreat as dollar jumps on US retail sales boost

• Palladium sole gainer, up as much as 4.6% • Silver sees biggest daily fall since February • Strong retail...

Published 17 Sep, 2021 03:52am

Markets

Gold slips off $1,800 pivot, investors seek direction from Fed

Gold retreated below the key $1,800 level on Wednesday, hit by a bout of technical selling after it failed to hold...

Published 15 Sep, 2021 11:58pm

Markets

Gold listless as investors hope for taper cues from Fed

• Silver, platinum also down for the week LONDON: Gold held a tight range on Friday, as uncertainty over the U.S....

Published 11 Sep, 2021 03:36am

Markets

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

Gainers
Losers
Leaders

Stock	Price
Kohinoor Energy / Dec 1 Kohinoor Energy Limited(KOHE)	38.59 ▲ 2.69 (7.49%)
Pak Engineering / Dec 1 Pakistan Engineering Company Limited(PECO)	433.00 ▲ 27.01 (6.65%)
NBP PGETF / Dec 1 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	10.79 ▲ 0.54 (5.27%)
Pervez Ahmed Co / Dec 1 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.18 ▲ 0.05 (4.42%)
Kohat Cement / Dec 1 Kohat Cement Company Limited(KOHC)	188.89 ▲ 6.68 (3.67%)
Leather Up Ltd. / Dec 1 Leather Up Limited(LEUL)	14.50 ▲ 0.50 (3.57%)
Nishat Power / Dec 1 Nishat Power Limited(NPL)	18.49 ▲ 0.60 (3.35%)
Meezan PakistanXD / Dec 1 Meezan Pakistan ETF(MZNPETF)	9.10 ▲ 0.29 (3.29%)
P.I.A.C.(A) / Dec 1 Pakistan International Airlines Corp(PIAA)	4.32 ▲ 0.13 (3.10%)
Punjab Oil / Dec 1 Punjab Oil Mills Limited(POML)	185.00 ▲ 5.49 (3.06%)

Stock	Price
Pak TobaccoXD / Dec 1 Pakistan Tobacco Company Limited(PAKT)	1005.00 ▲ -77.45 (-7.16%)
Masood Textile / Dec 1 Masood Textile Mills Limited(MSOT)	44.02 ▲ -3.17 (-6.72%)
Jahangir Sidd(Pref) / Dec 1 Jahangir Sidd(Pref)(JSCLPSA)	8.35 ▲ -0.27 (-3.13%)
National Foods / Dec 1 National Foods Limited(NATF)	158.00 ▲ -1.55 (-0.97%)
Power Cement / Dec 1 Power Cement Limited(POWER)	6.76 ▲ -0.02 (-0.29%)
Nishat Mills Ltd / Dec 1 Nishat Mills Limited(NML)	90.27 ▲ -0.13 (-0.14%)
Mod.Al-Mali / Dec 1 Modaraba Al-Mali(MODAM)	10.40 ▲ -0.01 (-0.10%)
Pak Oilfields / Dec 1 Pakistan Oilfields Limited(POL)	355.51 ▲ -0.02 (-0.01%)
Allied Bank / Dec 1 Allied Bank Limited(ABL)	79.24 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 1 Abbott Laboratories (Pakistan) Limited(ABOT)	740.00 ▼ 0.00 (0.00%)

Stock	Volume
Fauji Food (R) / Dec 1 Fauji Food Limited (R)(FFLR1)	2,058,000 ▼ 0.00
Kot Addu Power / Dec 1 Kot Addu Power Company Limited(KAPCO)	1,935,000 ▼ 0.00
Telecard Limited / Dec 1 Telecard Limited(TELE)	1,147,500 ▼ 0.00
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	1,007,500 ▼ 0.00
Oil & Gas Dev. / Dec 1 Oil & Gas Development Company Limited(OGDC)	865,688 ▼ 0.00
Treet Corp / Dec 1 Treet Corporation Limited(TREET)	836,000 ▼ 0.00
TRG Pak Ltd / Dec 1 TRG Pakistan Limited(TRG)	805,988 ▼ 0.00
Maple Leaf / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	777,537 ▼ 0.00
F. Nat.Equities / Dec 1 First National Equities Limited(FNEL)	687,000 ▼ 0.00
P.S.O. / Dec 1 Pakistan State Oil Company Limited(PSO)	671,204 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	176.40
USD PKR Interbank Buying / Nov 30	176.20
USD to Japanese Yen / Nov 30	113.66
USD to Swiss Franc / Nov 30	0.92
Pound Sterling to USD / Nov 30	1.33
Euro to USD / Nov 30	1.13
UK LIBOR % / Nov 30	0.07

Stock	Volume
S&P 500 / Nov 30	4655.27
India Sensex / Nov 30	57260.58
Tokyo Nikkei / Nov 30	28605.38
Nasdaq / Nov 30	15782.84
Hang Seng / Nov 30	23694.33
FTSE 100 / Nov 30	7109.95
Dow Jones / Nov 30	35135.94
Germany DAX 30 / Nov 30	15280.86
France CAC40 / Nov 30	6776.25

Item	Value
Crude Oil / Nov 30	70.89
Karachi Cotton Assoc. / Nov 30	17680.00
Gold 10 Grams / Nov 30	101700.00
Gold Spot / Nov 30	1788.35
Cotton / Nov 30	109.70

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