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US gold

Spot gold may test resistance at $1,797

A break below $1,769 may be followed by a shallow drop limited to a support zone of $1,744 to $1,758.

Published 23 Jun, 2021 10:14am

Markets

Gold ticks up after Powell pledges not to raise rates quickly

US gold futures were steady at $1,777.60 per ounce.

Published 23 Jun, 2021 10:12am

Markets

Gold prices firm as US Treasury yields slide

The Fed reiterated last week that it wanted to see "substantial further progress" in employment before making any policy shifts.

Published 21 Jun, 2021 01:00pm

Markets

Spot gold may retest resistance $1,797

Indeed, the whole correction from $1,916.40 could have completed.

Published 21 Jun, 2021 10:06am

Markets

Spot gold may bounce to $1,797

These supports are working together to end the downtrend.

Published 18 Jun, 2021 12:14pm

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 prices at 1-1/2-week low on dollar strength as Fed meeting looms

Meanwhile, speculators reduced their net long positions in COMEX gold in the week ended June 8 and raised their net long positions in silver.

Published 14 Jun, 2021 12:17pm

Markets

Spot gold to fall towards $1,842

On the daily chart, the correction triggered by the key resistance at $1,921 has extended.

Published 14 Jun, 2021 12:13pm

Markets

Spot gold may test resistance at $1,911

The metal has completed the second pullback towards a falling trendline.

Published 11 Jun, 2021 11:11am

Markets

Gold hovers near $1,900/oz as dollar, yields dip after US data

Silver was steady at $27.96 per ounce, palladium slipped 0.5% to $2,763.87, while platinum edged 0.1% lower to $1,150.31.

Published 11 Jun, 2021 11:10am

Markets

Gold edges higher in NY

NEW YORK: Gold prices nudged up on Thursday after data showed US consumer prices increased more than expected last...

Published 11 Jun, 2021 03:41am

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

Spot gold may retreat into $1,864-$1,877 range

The failures indicate an extension of the correction from the June 1 high of $1,916.40. Three waves make up the correction. The third wave labelled c is unfolding.

Published 09 Jun, 2021 12:22pm

Markets

Gold firms on lower bond yields; US data, ECB meet in focus

A global equity benchmark and two key European stock indexes touched new highs on Tuesday.

Published 09 Jun, 2021 12:19pm

Markets

Gold eases on firmer dollar as focus shifts to US inflation data

"I expect gold to jump around in a choppy $1,860 to $1,900 range this week, with last week's high at $1,917 an ounce unlikely to be retested this week."

Published 08 Jun, 2021 11:05am

Markets

Spot gold may retreat into $1,864-$1,877 range

A break above $1,898 could lead to a gain into $1,911-$1,919 range.

Published 07 Jun, 2021 11:30am

Markets

Gold slips as firmer dollar offsets easing US bond yields

Silver dipped 0.7% to $27.58 per ounce, palladium fell 0.1% to $2,841.20, while platinum rose 0.2% to $1,164.37.

Published 07 Jun, 2021 11:27am

Markets

Spot gold may rise into $1,886-$1,898 range

A break below $1,853 may cause a fall limited to $1,843.

Published 04 Jun, 2021 10:52am

Markets

Gold retreats on firmer yields, stocks; US data in focus

Market participants' focus this week will be on US payrolls data due on Friday that can shed more light on global economic recovery.

Published 02 Jun, 2021 12:00pm

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 hovers near 4-1/2-month high on tepid dollar, inflation jitters

Bitcoin plummets as China clamps down on crypto mining.
SPDR Gold Trust holdings rose 0.6% on Friday.

Published 24 May, 2021 08:57am

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 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 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 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 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

Markets

US MIDDAY: Gold fizzles out as yields, dollar gain

NEW YORK: Gold fell 1% in choppy trading on Wednesday, en route to snap a five-session-long winning streak, after...

Published 13 May, 2021 03:10am

Markets

Gold prices down in Asia

SINGAPORE: Gold prices inched lower in Asian trade on Tuesday as a rebound in dollar dented the metal’s appeal,...

Published 12 May, 2021 04:23am

Markets

Gold up on lower yields, dollar; focus on US inflation data

"The scope for further declines (in gold prices) may be modest," HSBC analysts said in a note, adding that a decline in yields offers gold a chance to rally.

Published 11 May, 2021 12:16pm

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
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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