Trends - David Meger - Business Recorder

David Meger

Gold listless as investors brace for US Fed outcome

NEW YORK: Gold prices stalled on Wednesday as caution ahead of the US Federal Reserve’s policy decision due later...

Published 15 Dec, 2022 06:00am

Markets

Gold scales two-week peak

NEW YORK: Gold prices rose to a two-week high on Wednesday as the dollar and US bond yields slipped on expectations...

Published 27 Oct, 2022 05:54am

Markets

Gold attempts relief rally as dollar decelerates

NEW YORK: Gold rose about 2% on Wednesday as a retreat in the dollar rekindled some of its safe-haven appeal,...

Published 29 Sep, 2022 05:54am

Markets

Gold slips

NEW YORK: Gold prices fell on Tuesday as investors positioned for a period of high interest rates in the United...

Published 31 Aug, 2022 05:50am

Markets

US MIDDAY: Gold climbs

NEW YORK: Gold prices climbed over 1% to hit a fresh one-month peak on Thursday, underpinned by a retreat in the...

Published 05 Aug, 2022 06:27am

Markets

Gold attempts rebound as dollar stalls ascent

LONDON: Gold rose on Thursday as a pause in the dollar’s rally encouraged some investors to snap up bargains after...

Published 08 Jul, 2022 05:36am

Markets

Gold slips 1% as solid jobs data spurs rate hike bets

Gold prices fell on Friday, pressured by a stronger dollar and as better-than-expected U.S. jobs data raised ...

Published 04 Jun, 2022 12:28am

Markets

Palladium extends gains

NEW YORK: Palladium prices hit a more than two-week high on Monday on supply concerns following a recent suspension...

Published 12 Apr, 2022 05:17am

Markets

Gold eases as yields, dollar climb after US jobs data

NEW YORK: Gold prices slipped on Friday, pressured by a firmer dollar and higher U.S. Treasury yields as upbeat U.S....

Published 05 Feb, 2022 05:47am

Markets

Gold gains as weaker dollar, Ukraine tensions boost appeal

Gold prices extended gains for a second session on Tuesday as the U.S. dollar retreated and ongoing tensions over...

Published 01 Feb, 2022 11:05pm

Markets

Gold falls 1pc on firm dollar as Fed verdict looms; palladium rallies

Gold fell 1pc on Wednesday as the dollar firmed with investors awaiting the U.S. Federal Reserve's decision on...

Published 26 Jan, 2022 10:58pm

Markets

Gold rises as inflation unease boosts appeal

NEW YORK: Gold prices bounced on Wednesday as inflation worries pushed investors to the safe-haven metal, unfazed by...

Published 18 Nov, 2021 03:58am

Markets

Gold turns sharply higher after US inflation data

LONDON: Gold prices reversed course to trade up nearly 1% on Wednesday after data showing U.S. consumer prices...

Published 11 Nov, 2021 05:20am

Markets

US MIDDAY: Gold leaps to 5-month peak

NEW YORK: Gold led a rally in precious metals on Wednesday, rising as much as 2% to a five-month high as a surge in...

Published 11 Nov, 2021 05:20am

Markets

US MIDDAY: Gold prices gain as inflation concerns grow

NEW YORK: Gold prices rose on Tuesday, as rising inflation fears dulled risk appetite and boosted demand for the...

Published 13 Oct, 2021 04:47am

Markets

Gold slips off $1,800 pivot, investors seek direction from Fed

Gold retreated below the key $1,800 level on Wednesday, hit by a bout of technical selling after it failed to hold...

Published 15 Sep, 2021 11:58pm

Markets

Gold up as dollar dips and Fed's Powell calms rate-hike fear

The softer dollar, down 0.1pc, reduced gold's cost for holders of other currencies. Markets broadly shrugged off U.S. PMI data showing factory activity at a record high in June.

Published 23 Jun, 2021 11:27pm

Markets

Gold heads for worst week in over a year after Fed blow

Spot gold edged 0.1pc lower to $1,770.96 per ounce by 1:51 pm EDT (1751 GMT), stalling an initial uptick on some bargain buying.

Updated 19 Jun, 2021 01:26am

Markets

Gold range-bound as market awaits U.S. inflation cues

Gold is considered a hedge against inflation likely spurred by large stimulus from central banks and governments around the world.

Published 09 Jun, 2021 11:12pm

Markets

Gold flirts with $1,900 again in NY

NEW YORK: Gold reversed course and turned positive early in New York on Friday, briefly popping above the key $1,900...

Published 29 May, 2021 03:59am

Markets

Gold flirts with $1,900 again after U.S. inflation ticks up

U.S. consumer prices accelerated in the year to April, with a measure of underlying inflation blowing past the Federal Reserve's 2pc target.

Published 28 May, 2021 10:21pm

Markets

Gold eases in NY

NEW YORK: Gold prices inched lower in early trade on Friday as the dollar rebounded after robust US manufacturing...

Published 22 May, 2021 04:05am

Markets

Gold jumps in European trade

AMSTERDAM: Gold prices jumped more than 1% on Monday, pulling along other precious metals with it, supported by a...

Published 04 May, 2021 04:26am

Markets

US MIDDAY: Gold rises

NEW YORK: Gold prices jumped more than 1% on Monday, with the rally spilling over into other precious metals as ...

Published 04 May, 2021 04:26am

Markets

Gold falls in NY

NEW YORK: Gold fell on Wednesday as an uptick in US Treasury yields weighed on the non-yielding bullion’s appeal,...

Published 15 Apr, 2021 03:22am

Markets

Gold slips on buoyant bond yields; set for weekly gain

Spot gold was 0.7pc lower at $1,744.07 per ounce by 1:44 p.m. EDT (1744 GMT), having hit its highest price since March 1 at $1,758.45 on Thursday.

Updated 10 Apr, 2021 12:11am

Markets

Gold rises on softer dollar, but set for worst quarter in over 4 years

Gold is down over 9pc for the quarter and is on track for its worst quarterly performance since end-December 2016.

Updated 01 Apr, 2021 12:01am

Markets

Gold prices edge higher in Europe

LONDON: Gold prices edged up slightly on Friday but a stronger dollar and a rise in US Treasury yields still put the...

Published 27 Mar, 2021 05:41am

Markets

Gold slips in European trade

ROTTERDAM/LONDON: Gold prices edged lower on Tuesday as a firmer dollar outweighed a dip in U.S Treasury yields,...

Published 24 Mar, 2021 05:10am

Markets

US MIDDAY: Gold dips

NEW YORK: Gold prices edged lower on Tuesday as a firmer dollar outweighed a dip in U.S Treasury yields, ahead of...

Published 24 Mar, 2021 05:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

David Meger

Most Popular