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Spot Gold rate

Gold prices down

Gold prices down

KARACHI: Gold prices on Thursday remained a bit down on the local market. They stood for Rs131200 per tola, down by...
Published 11 Mar, 2022 05:12am
US MIDDAY: Gold slips
Markets

US MIDDAY: Gold slips

NEW YORK: Gold prices slipped as much as 1.7% on Monday, as some investors feared the US Federal Reserve may outline...
Published 15 Jun, 2021 03:30am
Spot gold may test support at $1,763
Markets

Spot gold may test support at $1,763

  • On the daily chart, following its failure to overcome a barrier at $1,799, the metal broke a support at $1,775. The break opened the way towards $1,723-$1,752 range.
Published 28 Apr, 2021 10:38am
Spot gold may drop to $1,763
Markets

Spot gold may drop to $1,763

  • On the daily chart, a retracement analysis on the fall from $1,875.26 reveals a key resistance at $1,799, around which the rise lost its momentum.
Published 23 Apr, 2021 11:31am
US MIDDAY: Gold rebounds
Markets

US MIDDAY: Gold rebounds

NEW YORK: Gold prices rose on Tuesday, inching away from a more than eight-month low, as a retreat in the dollar and...
Published 03 Mar, 2021 05:49am
Spot gold may fall towards $1,726
Markets

Spot gold may fall towards $1,726

  • Resistance is at $1,783, a break above which could lead to a gain to $1,801. On the daily chart, gold is retesting a support at $1,769, the 61.8% projection level of a downward wave C from $1,959.01.
Published 26 Feb, 2021 09:54am
Spot gold may retest support at $1,783
Markets

Spot gold may retest support at $1,783

  • On the daily chart, gold has broken a support at $1,805, the 50% projection level of a downward wave C from $1,959.01. The metal may test the next support at $1,769.
Published 05 Feb, 2021 11:53am
Spot gold may rise to $1,862
Markets

Spot gold may rise to $1,862

  • Another retracement analysis on the fall from $1,959.01 to $1,809.90 reveals a support at $1,832, the 14.6% level, a break below may cause a fall to $1,820.
Published 19 Jan, 2021 10:52am
Gold moves up in Asia
Markets

Gold moves up in Asia

SINGAPORE: Gold rose on Tuesday, rebounding from a near six-week low touched in the previous session, as stocks...
Updated 13 Jan, 2021 03:30am