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Spot gold

Spot gold may bounce into $1,861-$1,869 range before falling

A break above $1,869 could lead to a gain to $1,883. On the daily chart, the fall from the Jan. 6 high of $1,959.01 looks deep enough to suggest a resumption on the downtrend from $2,072.50.

Published 12 Jan, 2021 01:10pm

Markets

Gold gains as stocks dip on Washington woes, slow vaccine rollouts

Higher bond yields increase the opportunity cost of holding the non-interest yielding gold.

Published 12 Jan, 2021 12:31pm

Markets

Gold hits near 6-week low on firmer dollar, higher Treasury yields

Higher bond yields increase the opportunity cost of holding gold.

Published 11 Jan, 2021 11:30am

Markets

Spot gold may test support at $1,811

Eventually, the trend may extend to $1,764.29.

Published 11 Jan, 2021 11:25am

Markets

Spot gold may retreat to $1,930

A break above $1,946 may lead to a gain into $1,956-$1,972 range.

Published 06 Jan, 2021 01:28pm

Markets

Stocks fall as investors brace for possible 'blue sweep' in Georgia

The euro rose to as high as $1.2328, a high last seen in April 2018, while the yen hit a 10-month high of 102.595 to the dollar.

Published 06 Jan, 2021 12:40pm

Markets

Gold inches down as dollar recovers; focus turns to Georgia race

England went into a new national lockdown to contain a surge in COVID-19 cases, while New York registered its first case of the more contagious strain of coronavirus found in the UK.

Published 05 Jan, 2021 12:53pm

Markets

Asian stocks fall amid concern about Georgia Senate vote

Gold was slightly lower. Spot gold fell 0.21% to $1,938.25 per ounce.

Published 05 Jan, 2021 10:09am

Markets

Gold eases as dollar recovers; Georgia elections in focus

Market participants now await the minutes of the US Federal Reserve's last policy meeting due on Wednesday, with expectations policy will remain accommodative as the economy attempts a rebound.

Published 05 Jan, 2021 09:49am

Markets

Spot gold may retest resistance at $1,946

A break below $1,930, now a support, may cause a fall to $1,915. On the daily chart, gold has broken a falling trendline and a resistance at $1,938. It is expected to rise to $1,965, the peak of a wave B.

Published 05 Jan, 2021 09:42am

Markets

Spot gold may test resistance at $1,930

A bullish pennant suggests a possible extension of this wave towards $1,956. Support is at $1,915, a break below which could cause a fall to $1,904.

Published 04 Jan, 2021 09:46am

Markets

Spot gold may test resistance at $1,888

The metal managed to stabilize around a support at $1,862, the 38.2% projection level of an upward wave c from $1,862. This wave may have completed around $1,904.

Published 24 Dec, 2020 10:04am

Markets

Gold steadies as soft US jobs data offsets Trump stimulus threat

The British government on Wednesday said huge swathes of England would be placed under its strictest COVID-19 restrictions as a highly infectious virus variant sweeps the country.

Published 24 Dec, 2020 08:42am

Markets

Spot gold may drop to $1,845

The third wave labelled c is roughly 76.4% the length of the first wave labelled a, as revealed by a projection analysis.

Published 23 Dec, 2020 09:59am

Markets

China's Dalian exchange proposes halving some iron ore trading position limits

The exchange already tightened single-day open positions on its most traded iron ore contract twice since the start of December to 5,000 lots as prices soared beyond market expectations.

Published 22 Dec, 2020 11:35am

Markets

Asian stocks slip as new COVID-19 strain darkens recovery prospects

The S&P 500 ended the day down 0.39% at 3,694.92.

Published 22 Dec, 2020 10:08am

Markets

Spot gold may drop to $1,862

The bounce consists of three waves. The third wave labelled c is much shorter than the first wave labelled a, as revealed by a projection analysis.

Published 22 Dec, 2020 10:03am

Markets

Spot gold may rise to $1,930

After the moderate consolidation on Dec. 18, gold could have accumulated enough bullish momentum to rise towards $1,930.

Published 21 Dec, 2020 09:48am

Markets

Gold set for third weekly gain as traders eye US fiscal support

A break above the $1,892 area with support from a dovish U.S Federal Reserve and a weaker dollar could signal further upside with resistance at $1,910 ahead, Yang said.

Published 18 Dec, 2020 11:24am

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 scales 1-week high on US stimulus bets, Fed decision awaited

Among other precious metals, silver rose 0.6% to $24.63 an ounce, platinum climbed 0.5% to $1,041.47 and palladium gained 0.7% to $2,333.98.

Published 16 Dec, 2020 09:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Cotton US¢/pound / Apr 29	82.15
Petrol/Litre / Apr 30	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 30 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 30 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 30 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 30 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 30 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 30 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 30 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 30 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 30 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 30 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 30 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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