AGL 37.80 Decreased By ▼ -0.35 (-0.92%)
AIRLINK 128.50 Increased By ▲ 3.43 (2.74%)
BOP 7.23 Increased By ▲ 0.38 (5.55%)
CNERGY 4.56 Increased By ▲ 0.11 (2.47%)
DCL 8.37 Increased By ▲ 0.46 (5.82%)
DFML 38.61 Increased By ▲ 1.27 (3.4%)
DGKC 79.99 Increased By ▲ 2.22 (2.85%)
FCCL 32.00 Increased By ▲ 1.42 (4.64%)
FFBL 73.30 Increased By ▲ 4.44 (6.45%)
FFL 12.30 Increased By ▲ 0.44 (3.71%)
HUBC 109.30 Increased By ▲ 4.80 (4.59%)
HUMNL 14.08 Increased By ▲ 0.59 (4.37%)
KEL 4.97 Increased By ▲ 0.32 (6.88%)
KOSM 7.42 Increased By ▲ 0.25 (3.49%)
MLCF 37.94 Increased By ▲ 1.50 (4.12%)
NBP 70.13 Increased By ▲ 4.21 (6.39%)
OGDC 187.65 Increased By ▲ 8.12 (4.52%)
PAEL 25.05 Increased By ▲ 0.62 (2.54%)
PIBTL 7.41 Increased By ▲ 0.26 (3.64%)
PPL 150.60 Increased By ▲ 6.90 (4.8%)
PRL 25.15 Increased By ▲ 0.83 (3.41%)
PTC 17.05 Increased By ▲ 0.65 (3.96%)
SEARL 81.25 Increased By ▲ 2.68 (3.41%)
TELE 7.50 Increased By ▲ 0.28 (3.88%)
TOMCL 32.55 Increased By ▲ 0.58 (1.81%)
TPLP 8.45 Increased By ▲ 0.32 (3.94%)
TREET 16.40 Increased By ▲ 0.27 (1.67%)
TRG 56.40 Increased By ▲ 1.74 (3.18%)
UNITY 27.75 Increased By ▲ 0.25 (0.91%)
WTL 1.35 Increased By ▲ 0.06 (4.65%)
BR100 10,448 Increased By 358.7 (3.55%)
BR30 30,780 Increased By 1271.2 (4.31%)
KSE100 97,806 Increased By 3231.7 (3.42%)
KSE30 30,496 Increased By 1051 (3.57%)

Gold prices rose for a third session on Friday to hit their highest since September, with a slump in the US dollar helping drive bullion towards its fifth-straight weekly gain. Spot gold had edged up 0.5 percent to $1,328.84 an ounce by 0703 GMT, after earlier touching its highest since Sept. 15 at $1,330.34.
The metal is up 0.7 percent so far this week and is set for its longest run of weekly gains since a streak that finished in the week ending April 14. "There is a lot of doubt on how long prices have to run from here ... Prices have risen despite the Fed raising interest rates and the main driver has been the US dollar, which we continue to see help gold run higher in the first quarter," said Brian Lan, managing director at dealer GoldSilver Central in Singapore.
Spot gold is expected to test resistance at $1,329 per ounce, with a good chance of rising more to the next resistance level at $1,341, according to Reuters technical analyst Wang Tao.

Copyright Reuters, 2018

Comments

Comments are closed.