Trends - Silver - Business Recorder

Silver

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

Pakistan

Bullion prices on Wednesday

Following were the bullion prices in Karachi on Wednesday.

Updated 25 Mar, 2021 12:06am

Markets

Spot gold neutral in $1,716-$1,746 range

A break below $1,716 could cause a fall into the $1,669-$1,691 range.

Published 24 Mar, 2021 11:42am

Markets

Gold prices fall slightly

KARACHI: Gold prices on Monday lost some momentum on the local market, traders said. The fall of Rs 700 has scaled...

Published 23 Mar, 2021 04:37am

Markets

Gold slips as Wall Street gains sour appeal

Spot gold was down 0.3pc at $1,738.93 per ounce by 1:41 P.M EDT (1741 GMT).

Updated 23 Mar, 2021 05:11pm

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 prices slide as Turkey upheaval buoys US dollar

The metal may retest a support at $1,716 per ounce, a break below could cause a fall into the range of $1,669 to $1,691, according to Reuters technical analyst Wang Tao.

Published 22 Mar, 2021 11:46am

Markets

Gold prices gain

KARACHI: Gold prices on Saturday gained further value on the local market, traders said. The precious metal price...

Published 21 Mar, 2021 04:05am

Markets

Gold prices up

KARACHI: Gold prices on Friday gained some increase on the local market, traders said. The precious metal price grew...

Published 20 Mar, 2021 04:39am

Markets

Gold extends losses as US bond yields firm, dollar rebounds

The European Central Bank may need some time before the recently agreed acceleration in the pace of money printing, ECB President Christine Lagarde said on Thursday.

Published 19 Mar, 2021 10:06am

Markets

Spot gold may test support at $1,716

A break could lead to a gain into a range of $1,761 to $1,783. On the daily chart, gold is riding on a wave 4, which is ending around a falling trendline.

Published 17 Mar, 2021 11:38am

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

Inflation bets nudge gold higher ahead of Fed outcome

"The main trend will change upwards when buyers take up positions above $1,760 an ounce," Sandu said.

Published 17 Mar, 2021 11:33am

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

Markets

SPDR Gold holdings fall 0.2%, or 1.75 tonnes

In terms of ounces, holdings fell to 33,768,784 ounces from 33,825,009.

Published 16 Mar, 2021 11:23am

Markets

Spot gold may test resistance at $1,746

The rise is presumed to have been driven by a wave 4, which will be reversed by a downward wave 5.

Published 16 Mar, 2021 11:15am

Markets

Gold prices slightly changed

KARACHI: Gold prices on Monday remained nearly stagnant on the local market, traders said. The precious metal price...

Published 16 Mar, 2021 04:43am

Markets

Spot gold may test resistance at $1,746

A dotted trendline suggests a lower target around $1,750.

Published 15 Mar, 2021 11:05am

Markets

Gold sheds gains on hopes of swift recovery after China data

Investors are now awaiting the US Federal Reserve meeting this week for direction on monetary policy.

Published 15 Mar, 2021 11:00am

Markets

Gold rises on inflation worries after US stimulus approval

The number of Americans filing new jobless claims fell to a four-month low last week, while the US market morale rose to its highest in a year in early March.

Published 15 Mar, 2021 10:58am

Markets

Gold prices rise sharply

KARACHI: Gold prices on Saturday depicted further increase on the local market, traders said. The precious metal...

Published 14 Mar, 2021 04:13am

Markets

Another slump in gold price

KARACHI: Gold prices on Friday met another slump on the local market, traders said. The fall of Rs2250 has scaled...

Published 13 Mar, 2021 04:28am

Markets

Gold drops in European trade

MILAN/LONDON: Gold prices slid more than 1% on Friday as a surge in US Treasury yields and a stronger dollar dented...

Published 13 Mar, 2021 04:28am

Markets

Gold slips off 1-week peak as bond yields bounce back

A $1.9 trillion US COVID-19 relief bill was also approved on Wednesday.

Published 12 Mar, 2021 11:18am

Markets

Gold price up Rs2,900 per tola

KARACHI: Gold prices on Thursday gained a huge stimulation on the local market, traders said. The precious metal...

Published 12 Mar, 2021 05:10am

Markets

Gold slips from 1-week peak as rising US bond yields weigh

The European Central Bank is likely to signal faster money printing on Thursday to keep a lid on borrowing costs but it will stop short of adding firepower to its already aggressive pandemic-fighting package.

Published 11 Mar, 2021 11:25am

Markets

Spot gold may retest resistance at $1,746

The rise could be driven by a wave 4, which may end below $1,769, as suggested by a falling trendline.

Published 11 Mar, 2021 10:53am

Markets

Gold prices up

KARACHI: Gold prices on Wednesday increased on the local market, traders said. After an increase of Rs 800, the...

Published 11 Mar, 2021 05:25am

Markets

Gold eases in Europe

LONDON: Gold eased on Wednesday after registering its biggest jump in two months in the last session, as higher US...

Published 11 Mar, 2021 05:25am

Markets

US MIDDAY: Gold jumps over 2pc

NEW YORK: Gold surged more than 2% on Tuesday on the back of a retreat in US Treasury yields and a weaker dollar,...

Published 10 Mar, 2021 04:59am

Gainers
Losers
Leaders

Stock	Price
JS Bank Ltd / Jun 2 JS Bank Limited(JSBL)	4.39 ▲ 0.31 (7.60%)
Cres.Star Ins. / Jun 2 Crescent Star Insurance Limited(CSIL)	1.43 ▲ 0.10 (7.52%)
AL-Noor Sugar / Jun 2 Al-Noor Sugar Mills Limited(ALNRS)	48.99 ▲ 3.42 (7.50%)
Bestway Cement / Jun 2 Bestway Cement Limited(BWCL)	151.58 ▲ 10.58 (7.50%)
Gatron Ind. / Jun 2 Gatron (Industries) Limited(GATI)	470.69 ▲ 32.84 (7.50%)
Pak Synthetics / Jun 2 Pakistan Synthetics Limited(PSYL)	48.45 ▲ 3.38 (7.50%)
Pak Int.Bulk / Jun 2 Pakistan International Bulk Terminal(PIBTL)	4.16 ▲ 0.24 (6.12%)
Exide (PAK) / Jun 2 Exide Pakistan Limited(EXIDE)	256.15 ▲ 13.15 (5.41%)
Mod.Al-Mali / Jun 2 Modaraba Al-Mali(MODAM)	4.10 ▲ 0.19 (4.86%)
United BankXD / Jun 2 United Bank Limited(UBL)	119.86 ▲ 5.06 (4.41%)

Stock	Price
Khyber Textile / Jun 2 Khyber Textile Mills Limited(KHYT)	582.75 ▼ -47.25 (-7.50%)
Pervez Ahmed Co / Jun 2 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.61 ▼ -0.04 (-6.15%)
AKD Securities / Jun 2 AKD Securities Limited(AKDSL)	20.51 ▼ -1.16 (-5.35%)
Tri-Star Power / Jun 2 Tri-Star Power Limited(TSPL)	10.55 ▼ -0.52 (-4.70%)
Sitara Peroxide / Jun 2 Sitara Peroxide Limited(SPL)	11.23 ▼ -0.46 (-3.93%)
Dewan Farooque Sp. / Jun 2 Dewan Farooque Spinning Mills Limited(DFSM)	2.50 ▼ -0.10 (-3.85%)
Jubile Life InsXD / Jun 2 Jubilee Life Insurance Company Limited(JLICL)	107.10 ▼ -3.89 (-3.50%)
Kohinoor Ind. / Jun 2 Kohinoor Industries Limited(KOIL)	7.25 ▼ -0.25 (-3.33%)
Reliance Ins. / Jun 2 Reliance Insurance Company Limited(RICL)	7.75 ▼ -0.25 (-3.12%)
Dandot Cement / Jun 2 Dandot Cement Company Limited(DNCC)	9.20 ▼ -0.29 (-3.06%)

Stock	Volume
Globe Residency / Jun 2 Globe Residency REIT(GRR)	10,809,000 ▲ 0.33
WorldCall Telecom / Jun 2 Worldcall Telecom Limited(WTL)	9,751,847 ▲ 0.00
Pak Int.Bulk / Jun 2 Pakistan International Bulk Terminal(PIBTL)	5,430,000 ▲ 0.24
Cnergyico PK / Jun 2 Cnergyico PK Limited(CNERGY)	5,281,287 ▼ -0.01
Gul Ahmed / Jun 2 Gul Ahmed Textile Mills Limited(GATM)	4,817,327 ▲ 0.81
Pak Refinery / Jun 2 Pakistan Refinery Limited(PRL)	4,031,577 ▼ -0.09
Pak Elektron / Jun 2 Pak Elektron Limited(PAEL)	3,976,718 ▼ -0.01
Maple Leaf Cement / Jun 2 Maple Leaf Cement Factory Limited(MLCF)	3,969,700 ▲ 0.19
Nishat Power / Jun 2 Nishat Power Limited(NPL)	3,668,458 ▲ 0.17
Agritech Limited / Jun 2 Agritech Limited(AGL)	3,412,000 ▲ 0.04

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 2	285.40
USD PKR Interbank Buying / Jun 2	285.20
USD to Japanese Yen / Jun 2	138.86
USD to Swiss Franc / Jun 2	0.90
Pound Sterling to USD / Jun 2	1.25
Euro to USD / Jun 2	1.08
UK LIBOR % / Jun 1	5.06

Stock	Volume
S&P 500 / Jun 1	4221.02
Nasdaq / Jun 1	13100.98
FTSE 100 / Jun 1	7490.27
Dow Jones / Jun 1	33061.57
Germany DAX 30 / Jun 1	15853.66
France CAC40 / Jun 1	7137.43
India Sensex / Jun 2	62684.71
Tokyo Nikkei / Jun 2	31478.64
Hang Seng / Jun 2	18883.22

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 1	20235
Gold 10 Grams PKR / Jun 1	196331
Crude Oil USD/Barrel / Jun 2	70.50
Gold Spot USD/Ounce / Jun 2	1980.59
Cotton US¢/pound / Jun 2	81.60

Silver

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