Trends - Jim Wyckoff - Business Recorder

Jim Wyckoff

US MIDDAY: Palladium, gold jump

NEW YORK: Palladium prices surged on Monday after the West slapping more sanctions on Russia over its invasion of...

Published 01 Mar, 2022 05:34am

Markets

Gold firms above $1,800/oz

NEW YORK: Gold prices firmed above the key $1,800 mark on Tuesday, buoyed by a retreat in the dollar and US Treasury...

Published 12 Jan, 2022 04:25am

Markets

Gold prices slip on strong dollar as focus turns to Fed

Gold prices fell on Tuesday as the US dollar and equities gained ahead of a much-awaited US Federal Reserve meeting...

Updated 03 Nov, 2021 12:07am

Markets

Gold pulls back as dollar strengthens, caution sets in

Spot gold fell 0.4pc to $1,808.67 per ounce by 1:33 p.m. EDT (1733 GMT) after touching its highest level since Aug. 4. U.S. gold futures settled down 0.4pc at $1,812.2

Published 30 Aug, 2021 10:57pm

Markets

Gold holds above $1,750 as early Fed taper talk ebbs

Spot gold was steady at $1,750.91 per ounce by 1:46 p.m. EDT. U.S. gold futures settled 0.1pc down at $1,751.80.

Published 12 Aug, 2021 11:07pm

Markets

Gold sinks to over 4-month low

AMSTERDAM/LONDON: Gold slumped to a more than four-month low on Monday, as strong US jobs data raised expectations...

Published 10 Aug, 2021 04:39am

Markets

Gold dips as yields perk up, dollar strengthens

Spot gold fell 0.2pc to $1,802.78 per ounce by 12:11 pm EDT (1611 GMT). U.S. gold futures dipped 0.2pc to$1,802.50.

Published 23 Jul, 2021 10:05pm

Markets

US MIDDAY: Gold ticks higher

NEW YORK: Gold edged up on Thursday as a more than 7% slide in June prompted some traders to buy the metal amid...

Published 02 Jul, 2021 04:19am

Markets

Gold set for weekly gain as inflation data calms Fed taper fears

Gold prices posted sharp losses last week after the Fed projected rate increases as soon as 2023, prompting a sell-off of non-yielding bullion.

Published 25 Jun, 2021 11:26pm

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 rebounds in European trade

AMSTERDAM/LONDON: Gold rebounded from a more than two-week low on Friday after a rise in US non-farm payrolls fell...

Published 05 Jun, 2021 04:08am

Markets

Gold rebounds as U.S. non-farm payrolls misses expectations

The dollar index eased from a three-week high, making gold more affordable for holders of other currencies, while benchmark 10-year yields also moved lower.

Published 04 Jun, 2021 11:42pm

Markets

Gold holds steady in NY

NEW YORK: Gold prices steadied below the key $1,900 an ounce level on Thursday as easing US Treasury yields offset...

Published 28 May, 2021 04:08am

Markets

Gold slips on robust U.S. data, rising yields

U.S. Treasury yields rose, translating into increased opportunity cost of holding non-yielding gold, on reports that President Joe Biden will announce on Friday a $6 trillion budget for 2022.

Published 27 May, 2021 10:26pm

Markets

Gold falls in European trade

AMSTERDAM/LONDON: Gold fell on Monday as an uptick in US Treasury yields dimmed bullion’s appeal, while investors...

Published 13 Apr, 2021 04:31am

Markets

US MIDDAY: Gold slips

NEW YORK: Gold fell on Monday as an uptick in US Treasury yields weighed on bullion’s appeal, while investors...

Published 13 Apr, 2021 04:31am

Markets

US midday: Gold inches lower

NEW YORK: Gold prices eased on Monday as hopes for a swift economic recovery following strong US jobs and services...

Published 06 Apr, 2021 04:23am

Markets

Gold slides over 1pc as dollar, yields advance

Spot gold fell 1.1pc to $1,713.52 per ounce by 12:38 p.m. EDT (1638 GMT). U.S. gold futures fell 1.2pc to $1,711.60.

Updated 30 Mar, 2021 12:01am

Markets

Gold gains in Europe

• Silver drops to over two-month low ROTTERDAM/LONDON: Gold gained on Thursday as lower US Treasury yields ...

Published 26 Mar, 2021 05:22am

Markets

US MIDDAY: Gold sinks

NEW YORK: Gold fell on Thursday as US Treasury yields nudged up and the dollar hit a four-month high, denting the...

Published 26 Mar, 2021 05:22am

Markets

Gold gains in tug-of-war between lower yields and firm dollar

U.S. benchmark Treasury yields continued their dip, translating into lower opportunity cost of holding bullion, after scaling one-year highs last week.

Updated 26 Mar, 2021 12:05am

Markets

US MIDDAY: Gold moves higher

NEW YORK: Gold jumped more than 1% on Monday as expectations of a large US economic stimulus package bolstered...

Published 09 Feb, 2021 04:43am

Markets

US MIDDAY: Silver beats fast retreat

NEW YORK: Silver slumped 8% on Tuesday as small investors turned their focus away from the metal, hastening a ...

Published 03 Feb, 2021 04:35am

Markets

Silver beats fast retreat as retail rush fades

Spot gold, meanwhile, fell 1.2pc to $1,837.21 per ounce. U.S. gold futures shed 1.3pc to $1,839.80.

Published 03 Feb, 2021 12:12am

Markets

Gold slips as U.S. yields gain upper hand again

Gold is generally considered a hedge against the inflation and currency debasement that can result from widespread stimulus.

Published 13 Jan, 2021 12:24am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Gainers
Losers
Leaders

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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