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Silver

Gold prices decline

KARACHI: A falling trend continues to hit the local gold market on Monday, traders said. The precious metal saw a...

Published 13 Apr, 2021 04:31am

Markets

Brent oil remains neutral in $62.84-$63.84 range

There might be two different moves when the consolidation is over: A weak bounce towards $66.15 and a deep fall towards $54.43.

Published 12 Apr, 2021 10:02am

Markets

Spot gold may test support at $1,719

A break above $1,744 may lead to a gain to $1,758.

Published 12 Apr, 2021 09:59am

Markets

Gold prices slip as yields gain on higher inflation

Hedge funds and money managers raised their bullish positions in COMEX gold and silver contracts in the week to April 6, the US Commodity Futures Trading Commission (CFTC) said on Friday.

Published 12 Apr, 2021 09:55am

Covid-19: Proposed anti-smuggling law envisages heavy fines

ISLAMABAD: A proposed law has empowered the law enforcement agencies and customs to impose heavy fines on smugglers...

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

Spot gold may rise more to $1,785

On the daily chart, gold is rising towards a resistance at $1,769, the 61.8% projection level of a downward wave C from $1,959.01.

Published 09 Apr, 2021 11:02am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 16	278.40
USD PKR Interbank Buying / Apr 16	278.10
USD to Japanese Yen / Apr 16	154.32
USD to Swiss Franc / Apr 16	0.91
Pound Sterling to USD / Apr 16	1.24
Euro to USD / Apr 16	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
Nasdaq / Apr 15	15885.02
Dow Jones / Apr 15	37735.11
India Sensex / Apr 16	73041.46
Tokyo Nikkei / Apr 16	38375.98
Hang Seng / Apr 16	16327.73
FTSE 100 / Apr 16	7851.82
Germany DAX 30 / Apr 16	17757.12

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	21735
Crude Oil USD/Barrel / Apr 16	85.94
Gold 10 Grams PKR / Apr 16	214077
Gold Spot USD/Ounce / Apr 16	2387.66

Gainers
Losers
Leaders

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

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

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

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