Gold set for first weekly gain in three on weakening dollar The US central bank intends to maintain its ultra-easy stance even though data suggest the economy revving up. Published 09 Apr, 2021 09:41am
Markets PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.914... Published 09 Apr, 2021 04:51am
Markets Gold prices nearly stagnant KARACHI: Gold prices on Thursday remained nearly stagnant on the local market, traders said. The precious metal... Published 09 Apr, 2021 04:51am
Markets Gold firms near 1-month peak as dollar, U.S. yields retreat Spot gold rose 1.11pc to $1,756.56 per ounce by 1:43 p.m. EDT (1743 GMT), having earlier hit its highest since March 1 at $1,758.45. Updated 09 Apr, 2021 12:07am
Markets Spot gold may retest resistance at $1,746 A break below $1,724 may open the way towards $1,693. Published 08 Apr, 2021 12:49pm
Markets Gold prices slip as equities gain after Fed minutes Asian equities were on track to mirror Wall Street's cautious gains, weighing on the metal's safe-haven allure. Published 08 Apr, 2021 12:45pm
Markets Gold edges lower on swift economic recovery bets The S&P 500 added to gains, while the dollar index inched up after the Fed released the minutes. Published 08 Apr, 2021 12:42pm
Markets Spot gold may retest resistance at $1,746 It is expected to rise towards $1,769. A drop from the current level will be regarded as a pullback towards $1,724. Published 07 Apr, 2021 11:37am
Markets SPDR Gold holdings fall 0.4% or 3.79 tonnes In terms of ounces, holdings fell to 33,084,811 ounces from 33,206,603. Published 07 Apr, 2021 11:36am
Markets Gold eases from 2-week high as economic recovery hopes grow The International Monetary Fund raised its outlook for global economic growth, forecasting worldwide output would rise 6% this year. Published 07 Apr, 2021 11:33am
Markets Gold prices climb in NY NEW YORK: Gold prices rose about 1% on Tuesday and hit the highest in more than a week, boosted by as a retreating... Published 07 Apr, 2021 03:48am
Markets Gold prices fall KARACHI: Another slump hit the local gold market on Monday, traders said. The precious metal saw a sizeable fall of... Published 06 Apr, 2021 04:23am
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 Gold speculators cut their bullish position NEW YORK: Money managers in the gold, silver and copper markets cut their net long futures and options positions in... Published 04 Apr, 2021 04:12am
Markets Gold prices gain further KARACHI: Gold prices on Friday gained further value on the local market, traders said. The precious metal price... 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 gain KARACHI: Gold prices on Thursday gained a sizeable value on the local market, traders said. The precious metal ... Published 02 Apr, 2021 04:58am
Markets Spot gold may hover below $1,716 A downtrend from $1.875.26, which rides on a wave C, remains steady. Published 01 Apr, 2021 10:45am
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 Gold sees fresh slump of Rs2800 KARACHI: Gold prices on Wednesday met another single day big fall on the local market, traders said. The fresh ... Published 01 Apr, 2021 04:10am
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 prices fall KARACHI: Gold prices on Monday slumped again on the local market, traders said. The fresh reduction of Rs 1000... Published 30 Mar, 2021 05:45am
Markets US MIDDAY: Gold slides NEW YORK: 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 Gold slides over 1pc as dollar, yields advance Spot gold fell 1.1pc to $1,713.52 per ounce by 12:38 p.m. EDT (1638 GMT). U.S. gold futures fell 1.2pc to $1,711.60. Updated 30 Mar, 2021 12:01am
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 Spot gold looks neutral in $1,716-$1,746 range A break below $1,716 could cause a fall into the $1,669-$1,691 range, while a break above $1,746 could open the way towards $1,761-$1,783 range. Published 26 Mar, 2021 11:29am
Markets Gold faces first weekly decline in three as US dollar rallies Gold is often considered as a safe-haven investment at times of political andd economic uncertainties. Published 26 Mar, 2021 11:24am
Markets Gold prices down KARACHI: Gold prices on Thursday slowed down its momentum on the local market, traders said. The fall of Rs350 has... Published 26 Mar, 2021 05:22am