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Gold prices down in Europe

LONDON: Gold prices fell as much as 1.8% on Friday as a broader market sell-off weighed on the metal along with a...

Published 23 Jan, 2021 03:56am

Markets

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.237...

Published 23 Jan, 2021 03:56am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold prices eased from a two-week high on Thursday as investors booked some profit following a rally in ...

Published 22 Jan, 2021 04:47am

Markets

Gold steadies near 2-week high on dollar retreat

Spot gold was little changed at $1,871.10 per ounce by 1002 GMT, after hitting its highest since Jan. 8 at $1,874.86 earlier in the day. Bullion had gained 1.7% on Wednesday.

Published 21 Jan, 2021 08:40pm

Markets

Gold rises

NEW YORK: Gold rose more than 1% on Wednesday on expectations that US President Joe Biden’s administration would...

Published 21 Jan, 2021 04:23am

Markets

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 7.746...

Published 21 Jan, 2021 04:23am

Markets

Gold gains as US stimulus prospects weigh on dollar

Bullion is considered a hedge against inflation and currency debasement that can result from widespread stimulus.

Published 20 Jan, 2021 11:49am

Markets

Gold moves up

NEW YORK: Gold held on to gains in New York trade on Tuesday as the dollar remained under pressure, with prospects...

Published 20 Jan, 2021 04:29am

Markets

Gold gains as dollar eases off four-week high

Euro zone finance ministers also pledged continued fiscal support for their economies and discussed the design of post-pandemic recovery plans.

Published 19 Jan, 2021 10:48am

Markets

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.601 ...

Published 19 Jan, 2021 04:22am

Markets

Gold edges up on Biden's stimulus proposal

Biden unveiled a $1.9 trillion stimulus package proposal on Thursday designed to jump-start the economy and speed up the US response to the coronavirus pandemic.

Published 15 Jan, 2021 09:45am

Markets

Gold retreats as dollar, Treasury yields rebound

Investors will also be focused on further clues on the US monetary policy outlook when Federal Reserve Chairman Jerome Powell participates in a virtual event, due at 1730 GMT.

Published 14 Jan, 2021 09:30am

Markets

Gold rises as rally in US dollar, Treasury yields hits brakes

Spot gold rose 0.2% to $1,858.56 per ounce by 0255 GMT, while US gold futures gained 0.9% to $1,860.10.

Published 13 Jan, 2021 10:13am

Markets

Gold slips as U.S. yields gain upper hand again

Gold is generally considered a hedge against the inflation and currency debasement that can result from widespread stimulus.

Published 13 Jan, 2021 12:24am

Business & Finance

Zimbabwe's Kuvimba seeks $1bn for platinum, gold projects

Kuvimba was established last year and is 65% owned by the government with the balance held by management through a Mauritius-based company Quorus.
Metallon had put Shamva under care and maintenance in early 2019 because of mounting debts.

Published 08 Jan, 2021 04:34pm

Markets

Gold scales 8-week high as tighter lockdown measures loom

That means monetary policy needs to be loose and that kind of environment can still entice people to hold gold as an insurance asset in the portfolio," Schnider said.

Published 04 Jan, 2021 09:48am

Markets

Gold set for best year in a decade with 24% rise

Spot gold fell 0.2% to $1,889.58 per ounce by 0353 GMT. but was up more than 24% for the year.

Published 31 Dec, 2020 09:46am

Markets

Gold pares gains on dollar rebound, upbeat risk sentiment

Spot gold was little changed at $1,875.99 per ounce by 2:20 p.m. EST (1920 GMT). U.S. gold futures settled down 0.2pc at $1,880.40.

Published 29 Dec, 2020 01:07am

Markets

Gold gains 1% as Trump signs stimulus bill

Britain on Monday urged businesses to prepare for Brexit, after the country clinched a trade deal with the European Union on Thursday that preserved zero-tariff and zero-quota access to the bloc's single market.

Published 28 Dec, 2020 09:50am

Markets

Gold rises on US stimulus cheer, virus fears

"Heightened inflation expectations due to the US fiscal stimulus package have seen gold pick up as an inflation hedge," said Howie Lee, an economist at OCBC Bank.

Published 22 Dec, 2020 09:05am

Markets

Gold scales 1-1/2-month high on US stimulus deal boost

Speculators upped their bullish positions in COMEX gold and silver contracts in the week to Dec. 15, data showed on Friday.

Published 21 Dec, 2020 08:48am

Markets

Gold set for third weekly gain as traders eye US fiscal support

A break above the $1,892 area with support from a dovish U.S Federal Reserve and a weaker dollar could signal further upside with resistance at $1,910 ahead, Yang said.

Published 18 Dec, 2020 11:24am

Markets

Gold set for third straight weekly gain on US stimulus hopes

US Congressional Republicans and Democrats scrambled to pass a new round of coronavirus aid on Thursday with lawmakers from both parties saying that failure to agree was no longer an option.

Published 18 Dec, 2020 08:52am

Markets

Gold near 1-week high on growing prospects of US stimulus

Britain and the European Union have moved closer to sealing a new trade deal but it was still unclear if they would succeed, the bloc's chief executive said on Wednesday.

Published 17 Dec, 2020 08:48am

Markets

Gold scales 1-week high on US stimulus bets, Fed decision awaited

Among other precious metals, silver rose 0.6% to $24.63 an ounce, platinum climbed 0.5% to $1,041.47 and palladium gained 0.7% to $2,333.98.

Published 16 Dec, 2020 09:41am

Markets

Gold eases as vaccine rollouts expand; Fed meet eyed

The US Federal Reserve is expected to keep interest rates pinned near zero and to signal where rates are headed in the coming years at it's final policy meet of the year. The Fed's policy statement is due at 1900 GMT.

Published 16 Dec, 2020 08:53am

Markets

Gold inches down as vaccine rollout counters US stimulus hopes

But gold's losses were limited by hopes of further US fiscal stimulus, with Reuters reporting that a $908 billion relief plan will be split in two in an effort to win approval and could be introduced as early as Monday.

Published 14 Dec, 2020 08:56am

Markets

Gold inches up as weaker dollar outweighs US stimulus worries

Gold is seen as a hedge against inflation and currency debasement likely to result from large stimulus measures.

Published 11 Dec, 2020 10:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Cotton US¢/pound / Apr 19	80.67
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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