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Bullion Rate

Spot gold signals mixed

Immediate support is at $1,831.60, a break below which could cause a fall into $1,800-$1,818 range.

Published 10 Feb, 2021 10:46am

Bullion Rate

Gold gains as dollar extends slide, stimulus hopes firm

The non-farm payrolls data last week has bolstered bets the easy monetary policy is with us for a bit longer than expected, said DailyFX currency strategist Ilya Spivak.

Published 09 Feb, 2021 12:00pm

Bullion Rate

AngloGold Ashanti sees earnings to almost triple as gold prices surge

The gold miner expects to report a headline earnings per share between 229 US cents and 247 US cents for the year ended Dec. 31, 2020.

Published 09 Feb, 2021 11:13am

Bullion Rate

Spot gold may rise into $1,853-$1,875 range

A break below $1,827.93, however, will indicate a resumption of the downtrend towards $1,783. On the daily chart, gold could be consolidating within a big flat that developed from $1,764.29.

Published 09 Feb, 2021 10:51am

Bullion Rate

Spot gold may test support at $1,801

The bounce on Feb. 5 is classified as a pullback towards $1,805. Eventually, the metal may break this level and fall to $1,769.

Published 08 Feb, 2021 10:27am

Bullion Rate

Gold rises as bleak US jobs data dents dollar

Breakevens on 10-year Treasury Inflation-Protected Securities, which measure average annual inflation expectations for the coming decade, have jumped to 2.19%, the highest level since mid-2018.

Published 08 Feb, 2021 10:20am

Bullion Rate

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

Bullion Rate

Gold inches up, but set for worst week in ten

The Bank of England gave British lenders breathing space of at least six months on Thursday before negative interest rates are a possibility.

Published 05 Feb, 2021 11:50am

Bullion Rate

Gold may get China, India physical demand boost as ETF spike fades: Russell

Jewellery demand in China was smacked down 35% to 415.6 tonnes in 2020, while in India it slumped 42% to 315.9 tonnes.

Published 04 Feb, 2021 11:47am

Bullion Rate

Spot gold may test support at $1,818

On the daily chart, gold has broken a support at $1,841, the 38.2% projection level of a downward wave C from $1,959.01.

Published 04 Feb, 2021 11:12am

Bullion Rate

Gold, silver ease as dollar holds firm near 2-month peak

Spot gold dropped 0.6% to $1,822.01 per ounce by 0330 GMT. US gold futures fell 0.6% to $1,823.90.

Published 04 Feb, 2021 10:14am

Bullion Rate

Silver bounces back even as retail frenzy takes a break

"Silver prices are now finding an equilibrium that better reflects supply-demand fundamentals, with the WallStreetBets mania having simmered down," said FXTM market analyst Han Tan.

Published 03 Feb, 2021 02:17pm

Bullion Rate

Silver bounces back even as retail-frenzy takes a break

The buzz that started last Thursday saw silver dealers scramble to find supplies for retail buyers, and the amount of silver traded in the London market surged to 1.006 billion ounces on Monday.

Published 03 Feb, 2021 12:03pm

Bullion Rate

Spot gold may retest support at $1,832

The metal may test the next support at $1,805, with a good chance of breaking below this level and falling towards $1,769.

Published 03 Feb, 2021 10:49am

Bullion Rate

Silver drops from 8-year peak as stellar rally loses steam

"It's just wild market behaviour with a low level of predictability. So, even fundamentals and technicals almost go out of the window," Rodda said.

Published 02 Feb, 2021 01:08pm

Bullion Rate

Spot gold may retest support at $1,840

A break above $1,875 could signal an extension of the uptrend towards $1,902, the 61.8% retracement of the downtrend from $1,959.01 to $1,809.90.

Published 02 Feb, 2021 10:03am

Bullion Rate

Spot silver may rise into $32.90-39.86 range in 3 months

While hedge funds are badly cornered by the frenzy of the GameStop individual investors, bears in silver market could hardly face the similar risk.

Published 01 Feb, 2021 03:11pm

Bullion Rate

Spot gold may retest support at $1,840

Signals on the hourly chart suggests a downside bias.

Published 01 Feb, 2021 12:27pm

Bullion Rate

China 2020 gold consumption drops due to COVID-19, says industry association

Benchmark spot gold prices surged 25% in 2020, having hit an all-time high of above $2,000 an ounce in August.

Published 01 Feb, 2021 11:49am

Bullion Rate

Gold-silver ratio falls to lowest since 2014

Spot silver hit its highest since Aug. 11 at $28.98 an ounce earlier in the session, and was up 5.7% to $28.53 by 0242 GMT.
"This is Asia's response" to all the retail mania, Brian Lan, managing director at GoldSilver Central said, adding, a lot of investors want to take advantage of the situation and make some profits.

Updated 01 Feb, 2021 09:11am

Bullion Rate

Spot gold target of $1,818 intact

A drop below the Jan. 27 low of $1,830.80 could confirm a break below the support and a target of $1,805.

Published 29 Jan, 2021 10:40am

Bullion Rate

Gold on course for monthly decline as dollar firms

Silver dropped 0.6% to $26.21 an ounce, having gained 4.5% on Thursday after some traders moved to cover short positions on rumours about a GameStop-style squeeze driven by retail investors.

Published 29 Jan, 2021 10:36am

Bullion Rate

Gold demand plunged to 11-year low in 2020 as virus upended trade

That was 34% lower than in 2019 and the lowest annual total on record, though demand was reviving by year-end, the WGC said.

Published 28 Jan, 2021 11:23am

Bullion Rate

India's gold demand to rebound in 2021 as economy expands

"We will see a sharp rise in investment demand. Amid low interest rates and higher stock prices, people are looking at gold to diversify their investments," he added.

Published 28 Jan, 2021 11:18am

Bullion Rate

Spot gold may fall to $1,818

The support is identified as the 23.6% projection level of a downward wave C from $1,874.86. This wave is capable of travelling to $1,783.

Published 28 Jan, 2021 10:04am

Bullion Rate

Gold falls as safe-haven appeal shifts to dollar

Silver lost 0.7% to $25.05 an ounce and platinum fell 0.3% to $1,062.48.

Published 28 Jan, 2021 10:02am

Bullion Rate

Gold slips as investors prefer safety of dollar

Silver lost 0.2% to $25.18 an ounce, platinum fell 0.2% to $1,063.76, and palladium was flat at $2,304.81.

Published 28 Jan, 2021 09:57am

Bullion Rate

Gold range-bound as focus shifts to Fed policy decision

Lending some support to gold were worries over a surge in global coronavirus cases, which surpassed 100 million, as countries struggle with vaccine shortfalls.

Published 27 Jan, 2021 01:18pm

Bullion Rate

Fresnillo forecasts 2021 gold output to fall, full-year output drops 12.1%

The precious metals miner, which owns seven operating mines in Mexico.

Published 27 Jan, 2021 12:58pm

Bullion Rate

Spot gold may fall to $1,818

This support is almost identical to $1,840 (hourly chart). A break could open the way towards $1,805.

Published 27 Jan, 2021 10:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.72
USD PKR Interbank Buying / Jun 12	278.47
USD to Japanese Yen / Jun 13	157.03
USD to Swiss Franc / Jun 13	0.90
Pound Sterling to USD / Jun 13	1.28
Euro to USD / Jun 13	1.08

Stock	Volume
S&P 500 / Jun 13	5421.03
India Sensex / Jun 13	76818.22
Tokyo Nikkei / Jun 13	38793.17
Nasdaq / Jun 13	17608.44
Hang Seng / Jun 13	18017.22
FTSE 100 / Jun 13	8215.48
Dow Jones / Jun 13	38712.21
Germany DAX 30 / Jun 13	18630.86

Item	Value
Petrol/Litre / Jun 13	268.36
Crude Oil USD/Barrel / Jun 13	78.31
Karachi Cotton PKR/37.32 KG / Jun 13	19935
Gold 10 Grams PKR / Jun 13	207390
Gold Spot USD/Ounce / Jun 13	2311.94
Diesel/Litre / Jun 13	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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