AGL 38.10 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 136.75 Increased By ▲ 2.56 (1.91%)
BOP 9.22 Increased By ▲ 0.37 (4.18%)
CNERGY 4.75 Increased By ▲ 0.06 (1.28%)
DCL 8.83 Increased By ▲ 0.16 (1.85%)
DFML 38.44 Decreased By ▼ -1.34 (-3.37%)
DGKC 85.40 Increased By ▲ 0.25 (0.29%)
FCCL 35.35 Increased By ▲ 0.45 (1.29%)
FFBL 76.99 Increased By ▲ 1.39 (1.84%)
FFL 12.70 Decreased By ▼ -0.04 (-0.31%)
HUBC 108.79 Decreased By ▼ -0.66 (-0.6%)
HUMNL 14.74 Increased By ▲ 0.64 (4.54%)
KEL 5.55 Increased By ▲ 0.15 (2.78%)
KOSM 8.05 Increased By ▲ 0.30 (3.87%)
MLCF 40.70 Decreased By ▼ -0.67 (-1.62%)
NBP 71.40 Increased By ▲ 1.70 (2.44%)
OGDC 194.75 Increased By ▲ 1.13 (0.58%)
PAEL 27.00 Increased By ▲ 0.79 (3.01%)
PIBTL 7.48 Increased By ▲ 0.06 (0.81%)
PPL 167.95 Increased By ▲ 4.10 (2.5%)
PRL 26.25 Decreased By ▼ -0.11 (-0.42%)
PTC 20.40 Increased By ▲ 0.93 (4.78%)
SEARL 92.84 Increased By ▲ 8.44 (10%)
TELE 7.89 Decreased By ▼ -0.10 (-1.25%)
TOMCL 35.32 Increased By ▲ 1.27 (3.73%)
TPLP 8.98 Increased By ▲ 0.26 (2.98%)
TREET 17.34 Increased By ▲ 0.16 (0.93%)
TRG 59.50 Decreased By ▼ -1.50 (-2.46%)
UNITY 31.00 Increased By ▲ 2.04 (7.04%)
WTL 1.39 Increased By ▲ 0.02 (1.46%)
BR100 10,895 Increased By 118.9 (1.1%)
BR30 32,660 Increased By 426.2 (1.32%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)

US gold futures rose early on Thursday, helped by rebounding Wall Street stocks and crude oil prices, traders said. But volumes were thin, as buyers remained cautious after stock markets dove this week for the second time in a fortnight, pummelling oil prices too.
"You are seeing some light short-covering and some light buying interest re-emerging here," said Steve Platt, analyst at Archer Financials. "The feeling now is that the stock market's fear of a liquidity crunch from subprime loans was probably a little overblown."
At 10:30 am (1430 GMT), most-active gold for April delivery on the COMEX division of the New York Mercantile Exchange was up $5 at $647.50 an ounce, trading from $644.50 to $648.40.
Volume until 1300GMT was estimated at a light 2,000 lots. US stocks were slightly higher amid enthusiasm over a bid to buy the Chicago Board of Trade. Spot gold rose to $646.30/7.30 an ounce, up from late Wednesday's quote of $643.00/3.75 an ounce. London's late afternoon gold fix stood at $646.10.
COMEX May silver was up 33 cents at $13.16 an ounce. Spot silver stood at $13.06/3.11 an ounce, up from $12.76/2.81 late Wednesday. The London silver fix was $12.90. NYMEX April platinum rose $16 to $1,217 an ounce. Spot platinum stood at $1,214.00/9.00. June palladium climbed $0.30 to $353.80 an ounce. Spot palladium was quoted down at $349.00/4.00 an ounce.

Copyright Reuters, 2007

Comments

Comments are closed.