Trends - Spot gold - Business Recorder

Spot gold

Gold rises above $1,900/oz as dollar weakens, inflation jitters persist

Investors now await key US economic data due later this week, including gross domestic product, jobless claims and consumer spending.

Published 26 May, 2021 01:08pm

Markets

Asian shares gain, dollar soft as Fed calms inflation fears

Global benchmark Brent crude was up 5 cents at $68.70 and US crude fell 3 cents to $66.04 per barrel.

Updated 26 May, 2021 11:11am

Markets

Gold hits 4-1/2 month peak in NY

NEW YORK: Gold prices scaled a more than four-month peak on Tuesday, as the dollar and US Treasury yields slipped...

Published 26 May, 2021 03:45am

Markets

Gold hits 4-1/2 month peak as dollar, U.S. yields weaken

Spot gold rose 0.8pc to $1,896.74 per ounce by 1:42 p.m. EDT (1742 GMT), having earlier hit its highest since Jan. 8 at $1,898.40. U.S. gold futures settled up 0.7pc at $1,898.

Published 26 May, 2021 01:17am

Markets

Spot gold may fall to $1,859

Signals will turn neutral if the metal breaks an immediate resistance at $1,884. Only a further gain above $1,893 could confirm the continuation of the uptrend towards $1,921.

Published 25 May, 2021 11:21am

Markets

Gold prices climb in Asia

SINGAPORE: Gold prices climbed in Asian trade on Monday to hover near a 4-1/2-month high, supported by a weaker US...

Published 25 May, 2021 04:40am

Markets

US MIDDAY: Gold edges higher

NEW YORK: Gold inched higher on Monday as a weaker dollar and lower US Treasury yields bolstered its appeal, while...

Published 25 May, 2021 04:40am

Markets

Gold rises in Europe

AMSTERDAM/LONDON: Gold inched higher on Monday as a weaker dollar and US Treasury yields bolstered its appeal, while...

Published 25 May, 2021 04:40am

Markets

Gold edges higher on weaker dollar, lower U.S. yields

The dollar was down 0.2pc. U.S Treasury yields fell to the lowest in nearly two weeks, reducing the opportunity cost of holding non-interest paying bullion.

Published 24 May, 2021 11:04pm

Markets

Gold eases in NY

NEW YORK: Gold prices inched lower in early trade on Friday as the dollar rebounded after robust US manufacturing...

Published 22 May, 2021 04:05am

Markets

Spot gold signals mixed

Support is at $1,859, a break below which could cause a fall into the $1,830-$1,847 range. On the daily chart, the metal is struggling around a resistance at $1,874.

Published 21 May, 2021 12:17pm

Markets

Gold prices ticks up in Asia

SINGAPORE: Gold prices gained in Asian trade on Thursday, aided by growing US inflationary pressure, although gains...

Published 21 May, 2021 05:04am

Markets

Gold surges in Europe

AMSTERDAM/LONDON: Gold hovered close to a more-than-four-month peak it scaled in the previous session, fuelled by a...

Published 21 May, 2021 05:04am

Markets

US MIDDAY: Gold gains

NEW YORK: Gold hovered on Thursday close to a more than four-month peak it scaled in the previous session, fuelled ...

Published 21 May, 2021 05:04am

Markets

Gold gains as dollar, yields ease despite Fed's 'taper' talk

Spot gold rose 0.6pc to $1,880.81 per ounce by 12:34 p.m. EDT (1634 GMT). U.S. gold futures fell 0.1pc to $1,880.50 per ounce.

Published 20 May, 2021 11:20pm

Markets

Spot gold may retest resistance at $1,893

The metal has broken a lower resistance at $1,875. The break confirms an extension of the wave C from $1,755.81. Most likely, this wave could travel to $1,921.

Published 20 May, 2021 12:57pm

Markets

Gold prices up in Asia

SINGAPORE: Gold prices edged higher in Asian trade on Wednesday to hover around a four-month high, helped by a ...

Published 20 May, 2021 04:26am

Markets

Gold climbs in European trade

AMSTERDAM/LONDON: Gold jumped over 1% to a more than four-month high on Wednesday as weaker equity markets and...

Published 20 May, 2021 04:26am

Markets

US MIDDAY: Gold jumps

NEW YORK: Gold jumped as much as 1.2% to a more than four-month high on Wednesday as weaker equity markets and...

Published 20 May, 2021 04:26am

Markets

Gold jumps as stocks slip on inflation fears; Fed minutes eyed

Spot gold was 0.9pc higher at $1,884.46 by 12:17 p.m. EDT (1617 GMT), having earlier hit its highest since Jan. 8 at $1,889.75. U.S. gold futures gained 0.9pc to $1,885.50.

Published 19 May, 2021 10:59pm

Markets

Spot gold may fall into $1,830-$1,847 range

On the daily chart, the metal is struggling around a similar resistance at $1,874, which may trigger a pullback towards the falling trendline.

Published 19 May, 2021 12:05pm

Markets

Gold hovers near 4-month high as dollar eases; Fed minutes in focus

US gold futures rose 0.1% to $1,869.60 per ounce.

Published 19 May, 2021 11:59am

Markets

Gold edges closer to 4-month high on weaker dollar, inflation fears

Gold is also getting support from chart-based buyers after bullion broke above its 200-day moving average, considered to be a bullish signal.

Published 19 May, 2021 12:00am

Markets

Spot gold may retreat into $1,830-$1,847 range

On the daily chart, the metal faces a similar resistance at $1,874, which may trigger a pullback towards the falling trendline.

Published 18 May, 2021 10:58am

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 prices up in Asia

SINGAPORE: Gold prices rose in Asian trade on Monday to their highest level in more than three months, as a dip in ...

Published 18 May, 2021 05:05am

Markets

US MIDDAY: Gold scales 3-1/2 month peak

NEW YORK: Gold prices climbed on Monday to their highest in more than three months, with the precious metal ...

Published 18 May, 2021 05:05am

Markets

Gold scales over 3-month high on virus worries, lower US yields

Benchmark US 10-year Treasury yields slipped to their lowest in nearly a week, reducing the opportunity cost of holding non-interest bearing gold.

Published 17 May, 2021 12:03pm

Markets

Gold prices edge lower in Asia

SINGAPORE: Gold prices edged lower in Asian trade on Wednesday, dragged down by higher US Treasury yields ahead of ...

Published 13 May, 2021 03:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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