Trends - SPDR Gold Trust - Business Recorder

SPDR Gold Trust

Gold reels to 4-month low on fears of early Fed tapering

Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell to 1,025.28 tonnes on Friday, from 1,027.61 tonnes on Thursday

Published 09 Aug, 2021 10:22am

Markets

Gold ticks up on subdued dollar ahead of Fed chief's testimony

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.3% on Monday.

Published 22 Jun, 2021 09:56am

Markets

Gold set for worst week since March 2020 after hawkish

US gold futures edged 0.2% higher to $1,779 per ounce.

Published 18 Jun, 2021 10:52am

Markets

Gold at over 1-month low after Fed's hint of early rate hikes

Higher interest rates will dull gold's appeal as they translate into a higher opportunity cost of holding it.

Published 17 Jun, 2021 10:45am

Markets

Gold eases as dollar firms ahead of US data, ECB meeting

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose 0.6% to 1,043.16 tonnes on Wednesday from 1,037.33 tonnes on Tuesday.

Published 10 Jun, 2021 11:09am

Markets

Gold edges lower as dollar firms; focus on US economic data

Fed officials, led by Chair Jerome Powell, have said repeatedly they expect price pressures to be transitory and monetary stimulus to stay in place for some time.

Published 03 Jun, 2021 12:02pm

Markets

Gold stays above $1,900/oz after US inflation data lifts appeal

Physical gold demand in second-biggest bullion consumer India was negligible last week with most jewellery stores still shut by COVID-19 lockdowns, forcing dealers to offer steep discounts.

Published 31 May, 2021 11:30am

Markets

Gold eases off 4-1/2-month peak as dollar, yields rebound

South Korea's central bank kept monetary policy unchanged on Thursday as a surge in coronavirus cases threatened an export-led economic recovery.

Published 27 May, 2021 11:55am

Markets

Gold eases on global recovery hopes; weak dollar limits losses

US gold futures fell 0.3% to $1,879 per ounce

Published 25 May, 2021 11:18am

Markets

Gold heads for third weekly gain on tepid dollar, inflation worries

Indicative of sentiment, holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.6% to 1,037.09 tonnes on Thursday.

Published 21 May, 2021 12:15pm

Markets

Gold hits near 4-month peak on weak dollar, inflation worries

SPDR Gold Trust holdings at 1-1/2-month high.
Gold gains for a fourth straight session.
Dollar slips to near three-month low.
Silver hits highest level since February.

Published 18 May, 2021 08:33pm

Markets

Gold prices at 3-1/2-month high on weaker dollar, inflation anxiety

Investors now await minutes of the US Fed's last meeting, due on Wednesday, for more cues on the US central bank's monetary policy.

Published 18 May, 2021 10:52am

Markets

Gold extends rally as dollar weakness, inflation jitters lift appeal

"However, the pace of the gold rally appears to be outpacing fundamentals right now, and the Relative Strength Index (RSI) has entered overbought territory.

Published 18 May, 2021 10:33am

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

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 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 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 rises on weaker US Treasury yields, dollar

Lower yields reduce the opportunity cost of holding the non-interest paying gold.

Published 10 Mar, 2021 10:45am

Markets

Gold sinks to 9-month low as Fed remarks boost dollar, bond yields

CME Group Inc decreased margins for COMEX 100 Gold Futures contracts by 9.1%.

Published 05 Mar, 2021 10:19am

Markets

Gold falls to over 8-mth low on stronger dollar, higher yields

Focus also remains on the developments of the $1.9 trillion US coronavirus relief bill that will be debated in the Senate this week.

Published 02 Mar, 2021 12:03pm

Markets

Gold prices edge higher as US Treasury yields retreat

US bank Wells Fargo said it has expanded its precious metals trading business, filling gaps in the market left by the withdrawal of Bank of Nova Scotia (Scotiabank).

Published 02 Mar, 2021 10:02am

Markets

Gold rises 1% on weaker dollar, US stimulus cheer

Gold is considered a hedge against inflation, likely to result from widespread stimulus, while higher bond yields challenge that status.

Published 01 Mar, 2021 11:50am

Markets

Gold slips as investors prefer safety of dollar

Silver lost 0.2% to $25.18 an ounce, platinum fell 0.2% to $1,063.76, and palladium was flat at $2,304.81.

Published 28 Jan, 2021 09:57am

Markets

Gold steady ahead of US Fed policy decision

Spot gold was little changed at $1,849.76 per ounce by 0031 GMT. US gold futures eased 0.1% to $1,848.60.

Published 27 Jan, 2021 09:44am

Markets

Gold rises as US stimulus hopes bolster appeal

The US Federal Reserve policy meeting is due on Jan. 26-27.

Published 25 Jan, 2021 10:11am

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 inches higher on hopes of further US stimulus

SPDR Gold Trust the world's largest gold-backed exchange-traded fund, said its holdings fell 0.20% to 1,167.53 tonnes on Tuesday from 1,169.86 tonnes on Monday.

Published 23 Dec, 2020 10:18am

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 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

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Aug 17 Unicap Modaraba(UCAPM)	2.75 ▲ 0.74 (36.82%)
P.I.A.C.(A) / Aug 17 Pakistan International Airlines Corp(PIAA)	5.18 ▲ 1.00 (23.92%)
Trust Mod. / Aug 17 Trust Modaraba(TRSM)	2.20 ▲ 0.30 (15.79%)
K-Electric Ltd. / Aug 17 K-Electric Limited(KEL)	3.74 ▲ 0.44 (13.33%)
Ist.Dawood Bank / Aug 17 First Dawood Investment Bank Limited(FDIBL)	2.63 ▲ 0.29 (12.39%)
First AL-Noor Mod. / Aug 17 First Al-Noor Modaraba(FANM)	3.99 ▲ 0.39 (10.83%)
P.T.C.L. / Aug 17 Pakistan Telecommunication Company Ltd(PTC)	7.86 ▲ 0.69 (9.62%)
JS Investments / Aug 17 JS Investments Limited(JSIL)	12.49 ▲ 0.99 (8.61%)
Shadman Cotton / Aug 17 Shadman Cotton Mills Limited(SHCM)	12.98 ▲ 0.98 (8.17%)
Kohat Textile / Aug 17 Kohat Textile Mills Limited(KOHTM)	17.20 ▲ 1.20 (7.50%)

Stock	Price
Dewan Textile / Aug 17 Dewan Textile Mills Limited(DWTM)	2.50 ▲ -0.63 (-20.13%)
Power Cem(Pref) / Aug 17 Power Cement (Pref)(POWERPS)	6.60 ▲ -1.00 (-13.16%)
First Fid. Leasing / Aug 17 First Fidelity Leasing Modaraba(FFLM)	2.40 ▲ -0.33 (-12.09%)
Popular Islamic / Aug 17 Popular Islamic Modaraba(PIM)	8.51 ▲ -0.99 (-10.42%)
First Pak Mod. / Aug 17 First Pak Modaraba(PAKMI)	2.50 ▲ -0.24 (-8.76%)
Ruby Tex. / Aug 17 Ruby Textile Mills Limited(RUBY)	4.11 ▲ -0.39 (-8.67%)
Al-Khair Gadoon / Aug 17 Al-Khair Gadoon Limited(AKGL)	33.30 ▲ -2.70 (-7.50%)
Sana Ind / Aug 17 Sana Industries Limited(SNAI)	55.50 ▲ -4.50 (-7.50%)
Pak Hotels / Aug 17 Pakistan Hotels Developers Limited(PHDL)	124.93 ▲ -10.12 (-7.49%)
Data Agro / Aug 17 Data Agro Limited(DAAG)	17.94 ▲ -1.45 (-7.48%)

Stock	Volume
K-Electric Ltd. / Aug 17 K-Electric Limited(KEL)	208,678,500 ▼ 0.00
WorldCall Telecom / Aug 17 Worldcall Telecom Limited(WTL)	53,179,000 ▼ 0.00
Hascol Petrol / Aug 17 Hascol Petroleum Limited(HASCOL)	48,184,500 ▼ 0.00
P.I.A.C.(A) / Aug 17 Pakistan International Airlines Corp(PIAA)	17,433,500 ▼ 0.00
Flying Cement / Aug 17 Flying Cement Company Limited(FLYNG)	15,802,000 ▼ 0.00
Nishat ChunPow / Aug 17 Nishat Chunian Power Limited(NCPL)	15,194,000 ▼ 0.00
P.T.C.L. / Aug 17 Pakistan Telecommunication Company Ltd(PTC)	14,051,500 ▼ 0.00
Cnergyico PK / Aug 17 Cnergyico PK Limited(CNERGY)	13,612,363 ▼ 0.00
Telecard Limited / Aug 17 Telecard Limited(TELE)	12,487,500 ▼ 0.00
Unity Foods Ltd / Aug 17 Unity Foods Limited(UNITY)	11,906,449 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 16	214.40
USD PKR Interbank Buying / Aug 16	213.90
USD to Japanese Yen / Aug 16	134.09
USD to Swiss Franc / Aug 16	0.95
Pound Sterling to USD / Aug 16	1.21
Euro to USD / Aug 16	1.02
UK LIBOR % / Aug 16	2.32

Stock	Volume
S&P 500 / Aug 16	4305.20
India Sensex / Aug 16	59842.21
Tokyo Nikkei / Aug 16	29092.21
Nasdaq / Aug 16	13102.55
Hang Seng / Aug 16	19873.59
FTSE 100 / Aug 16	7536.06
Dow Jones / Aug 16	34152.01
Germany DAX 30 / Aug 16	13910.12
France CAC40 / Aug 16	6592.58

Item	Value
Crude Oil USD/Barrel / Aug 16	86.92
Karachi Cotton PKR/37.32 KG / Aug 16	18735.00
Gold 10 Grams PKR / Aug 16	122300.00
Gold Spot USD/Ounce / Aug 16	1776.12
Cotton US¢/pound / Aug 16	116.30

SPDR Gold Trust

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