Trends - Physical gold demand - Business Recorder

Physical gold demand

Asia Gold: Festivities, lower domestic prices revive demand in India

Physical gold demand in India improved this week as domestic prices dropped ahead of a festival over the weekend,...

Published 01 Apr, 2022 06:18pm

Markets

Asia Gold: India dealers hope for wedding rush as price dip sparks demand

Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India...

Published 26 Nov, 2021 07:07pm

Markets

Asia Gold: Demand lacklustre in top hubs, Indian dealers eye wedding season boost

Physical gold demand in major Asian hubs softened this week with prices near multi-month peaks, although Indian...

Published 19 Nov, 2021 07:09pm

Markets

Asia Gold: Price rise caps activity in Asian hubs, India flips to discount

Physical gold demand in major Asian hubs stalled this week as higher prices kept buyers at bay, while the precious...

Published 12 Nov, 2021 06:53pm

Markets

Asia Gold: Price rise dulls activity in top hubs; silver shines in Singapore

Indian prices turns to $1.5 discount vs $2 premium last week
Premiums in China at $7-$11 an ounce

Published 22 Oct, 2021 07:16pm

Markets

Asia Gold: China markets buzz as buyers seek cover from Evergrande risks

India jewellers stock up for wedding, festival season
China's jewellery consumption could rebound 43% y-o-y: analyst
China premiums rise to $7-$12/oz
Low coronavirus cases could spur festival rush in India: dealer

Updated 24 Sep, 2021 07:24pm

Markets

Jewellers delay purchases in India; China interest ticks up

India premiums slip to $2/oz vs $3/oz last week
China premiums stay at $3-$6/oz
Japan premiums ease to $0.25 - $0.50/oz

Published 27 Aug, 2021 06:27pm

Markets

Asia Gold-Price rebound dulls appetite as summer lull takes hold

Indian jewellers plan Aug. 23 strike against hallmarking mandate
China premiums ease to $3-$6/oz

Published 20 Aug, 2021 05:43pm

Markets

Asia Gold-Indian jewellers lift shutters; discounts prevail in top hubs

China discounts at $7-$12/oz vs last week's $20-$50.
Japanese prices between $0.30 discount to $0.50 premium.

Published 11 Jun, 2021 07:18pm

Markets

Asia Gold-Demand plunges in pandemic-battered India

Indian jewellers have also stopped making purchases- dealer.
India discounts widen to $3/oz versus $2/oz last week.
China, Japan return from holidays, but demand muted.
Hong Kong premiums at $0.8-$1.8/oz, Singapore at $1.5-$2.0.

Published 07 May, 2021 05:29pm

Markets

Asia Gold: India swings to discount as pandemic stalls demand

SINGAPORE: Physical gold in India was sold at a discount this week for the first time in 2021 as a spike in...

Published 01 May, 2021 03:28am

Markets

Asia Gold-India swings to discount as pandemic stalls demand

Jewellery stores witnessing negligible footfalls- Mumbai dealer.
India offers discounts of $2/oz versus $2 premium last week.
Demand up 30% vs last week on price volatility -Singapore dealer.

Published 30 Apr, 2021 08:52pm

Markets

Asia Gold-Price dip lures some buyers, activity still muted in India

China premiums little changed at $7-$10/oz.
India premiums ease to $4 versus $5 last week.

Published 01 Apr, 2021 08:26pm

Markets

Asia Gold-Low prices spark flurry of activity in India

China premiums between $3-$7/oz amid muted activity.
Chinese net gold imports via Hong Kong fall in January.
Indian jewellers aggressively building inventory- dealer.

Published 26 Feb, 2021 09:05pm

Markets

Asia Gold: Volatile prices dim Indian sales; silver shines in some hubs

Indian consumers waiting for further dip in prices- dealer.
Chinese market in $5-$8/oz premiums.

Published 12 Feb, 2021 07:56pm

Markets

Asia Gold-Demand slows in top hubs as holiday mood dulls activity

India switches to premium of $2.5/oz vs last week's $2 discount.
China discounts unchanged at $15-$20/oz.
Dealers concerned about new coronavirus variant.
Spot gold prices set for 1% gain this week.

Published 31 Dec, 2020 08:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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