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gold market

Gold-Price drop boosts India buying, lifts premiums to 8-mth high

India premiums jump to $7 an ounce versus $5 last week.
Activity resuming slowly in China after holiday.
Premiums on silver products rising exponentially- dealer.

Published 19 Feb, 2021 06:52pm

Markets

US MIDDAY: Gold holds near multi-month lows

NEW YORK: Gold lingered near 11-week lows in choppy trading on Thursday as investor optimism for a global economic...

Published 19 Feb, 2021 04:07am

Markets

Gold edges up as dollar and Treasury yields ease

Investors favour other assets to hedge inflation –analyst.
US Fed officials prepared to keep monetary policy easy.

Published 18 Feb, 2021 08:43pm

Business & Finance

Kibali's $500mn should be cleared to leave Congo next month

The gold miner has been in discussions with Democratic Republic of Congo over how to get the money out for more than a year.
With the new government now we're pretty sure that that blockage will be unblocked and we'll be able to go back to normal activities.

Published 18 Feb, 2021 07:39pm

Business & Finance

Newmont quarterly profit doubles as gold prices shine

he miner said averaged realized gold price jumped 25% to $1,852 per ounce in the quarter, while attributable gold production fell about 11% to 1.6 million ounces.
The company cited the sale of Red Lake and Kalgoorlie, and lower production at Cerro Negro for the drop in production.

Published 18 Feb, 2021 06:13pm

Markets

Gold steadies as dollar pauses; platinum set for over 10pc weekly gain

Platinum likely to see some consolidation – analyst.
Dollar set for its biggest weekly fall in eight weeks.
Silver to benefit from industrial demand recovery – analysts.

Published 12 Feb, 2021 09:54pm

Markets

Gold rises over 1pc on expectations of large US stimulus package

Bitcoin jump also helping sentiment in gold, analysts say.
Investors await progress on US COVID-19 relief package.

Published 08 Feb, 2021 09:44pm

Markets

Gold rises as investors focus on big US stimulus bets

10-year Treasury yields hover near highest since March.
Spot gold rose 0.8% to $1,825.69 per ounce.
The metal continues to be pulled and tugged by conflicting force.

Published 08 Feb, 2021 08:29pm

Markets

Gold set for worst week in four on strength in dollar, yields

Dollar set for best week in three months.
Silver down 1.5% for the week.
Platinum, palladium face best week in five.

Published 05 Feb, 2021 06:34pm

Markets

Gold falls as safe-haven appeal shifts to dollar

Spot gold fell 0.5% to $1,835.35 per ounce.
US gold futures shed 0.6% to $1,834.30.
"Gold seems to be in a short-term period of consolidation."

Published 28 Jan, 2021 07:12pm

Markets

Turkey plans to produce 100 tonnes of gold annually in 5 years

The real aim is to increase production to 100 tonnes or more in the next five years.
Turkey imported $26.6 billion worth of gold in 2020, around double that of a year earlier, out of the country's total imports worth some $219.43 billion.

Published 25 Jan, 2021 07:02pm

Markets

Gold falls over 1pc, pinched by firm dollar but on course for weekly gain

Platinum slips from over 4-yr high, but set for 2nd weekly gain.
US gold futures fell 0.8% to $1,851.50.

Published 22 Jan, 2021 09:32pm

Markets

Gold slips as dollar firms, still heading for best week in five

Silver poised for best week in five, up 1.5% so far.
Platinum slips from over 4-yr high, but set for 2nd weekly gain.

Published 22 Jan, 2021 04:41pm

Markets

Gold drifts higher from 1-1/2 month low despite buoyant dollar

Dollar index hits four-week high.
Janet Yellen nominated for US Treasury secretary.

Published 18 Jan, 2021 06:15pm

Markets

Gold steadies as firm dollar offsets tighter lockdown impact

Powell sees no reason to alter Fed's accommodative stance.
Platinum gains more than 3% for the week.

Published 15 Jan, 2021 07:49pm

Markets

Asia Gold-China flips to premium after 11 months as New Year beckons

Singapore premiums widen to $0.80-$1.80/oz.
Indian premiums ease amid subdued demand.
A stronger yuan and lower spot gold prices also helped, said Peter Fung, head of dealing at Wing Fung Precious Metals.

Published 15 Jan, 2021 07:13pm

Markets

Gold on back foot ahead of Biden's US stimulus plan

Spot gold was 0.2% lower at $1,840.40 per ounce.
Optimism over a report that Biden could launch a $2 trillion aid package for coronavirus relief pushed benchmark 10-year Treasury yields towards a 10-month high.

Published 14 Jan, 2021 07:49pm

Markets

Gold on back foot ahead of Biden's US stimulus plan

Spot gold fell 0.3% to $1,838.44 per ounce .
US gold futures slipped 0.8% to $1,839.80.

Published 14 Jan, 2021 05:49pm

Markets

Gold eases as dollar ticks higher; markets eye stimulus details

Spot gold was down 0.1% to $1,854.40 per ounce.
The risk is to the downside for gold. Concerns about inflation expectations and a firmer dollar have acted as a little bit of an anchor on the gold price.

Published 13 Jan, 2021 07:50pm

Markets

Gold-backed ETFs end record 2020 with second month of outflows

Gold is traditionally used as a safe store of wealth, and investors rushed to hoard it as the pandemic swept through the global economy.
ETFs grew their holdings by 876 tonnes in 2020 - equivalent to around a quarter of the annual output of the world's gold mines.

Published 13 Jan, 2021 07:26pm

Markets

Russia's gold production down 6pc y/y to 288.98 tonne in Jan-Oct

The country also produced 796.11 tonnes of silver during the first ten months of the year.
The 813.20 tonnes produced over the same period in 2019.

Published 13 Jan, 2021 07:13pm

Markets

Gold eases as dollar ticks higher; markets eye stimulus details

US Fed's Beige Book due at 1900 GMT.
Fed officials expect US economy rebound on vaccinations.

Published 13 Jan, 2021 05:59pm

Markets

Gold eases as dollar strengthens on stimulus hopes

Silver falls as much as 4.2%.
Dollar hits near three-week peak.

Published 11 Jan, 2021 09:01pm

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

Gold falls on firmer dollar and U.S. yields

Prices slipped as much as 2.5pc after scaling their highest since Nov. 9 on Wednesday, as 10-year U.S. Treasury yields jumped above 1pc for the first time since March.

Published 07 Jan, 2021 11:56pm

Markets

Gold begins 2021 with 2pc jump as dollar falters

Dollar slips to multi-year lows.
Platinum hits highest since August 2016, silver at two-week high.
Silver set to shine in 2021.

Published 04 Jan, 2021 07:02pm

Pakistan

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Tuesday.

Published 23 Dec, 2020 12:46am

Pakistan

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Monday .

Published 22 Dec, 2020 12:05am

Pakistan

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Saturday.

Published 19 Dec, 2020 08:42pm

Pakistan

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Thursday.

Published 17 Dec, 2020 07:19pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42
France CAC40 / May 17	8167.50
Tokyo Nikkei / May 20	39197.34

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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