Trends - SPDR Gold Trust - Business Recorder

SPDR Gold Trust

Gold subdued as dollar firms, investors seek more Fed cues

Gold prices edged lower on Wednesday due to an uptick in the dollar, although bullion traded in a narrow range as...

Published 27 Mar, 2024 10:36am

Markets

Gold reels to 4-month low on fears of early Fed tapering

Holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell to 1,025.28 tonnes on Friday, from 1,027.61 tonnes on Thursday

Published 09 Aug, 2021 10:22am

Markets

Gold ticks up on subdued dollar ahead of Fed chief's testimony

Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.3% on Monday.

Published 22 Jun, 2021 09:56am

Markets

Gold set for worst week since March 2020 after hawkish

US gold futures edged 0.2% higher to $1,779 per ounce.

Published 18 Jun, 2021 10:52am

Markets

Gold at over 1-month low after Fed's hint of early rate hikes

Higher interest rates will dull gold's appeal as they translate into a higher opportunity cost of holding it.

Published 17 Jun, 2021 10:45am

Markets

Gold eases as dollar firms ahead of US data, ECB meeting

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings rose 0.6% to 1,043.16 tonnes on Wednesday from 1,037.33 tonnes on Tuesday.

Published 10 Jun, 2021 11:09am

Markets

Gold edges lower as dollar firms; focus on US economic data

Fed officials, led by Chair Jerome Powell, have said repeatedly they expect price pressures to be transitory and monetary stimulus to stay in place for some time.

Published 03 Jun, 2021 12:02pm

Markets

Gold stays above $1,900/oz after US inflation data lifts appeal

Physical gold demand in second-biggest bullion consumer India was negligible last week with most jewellery stores still shut by COVID-19 lockdowns, forcing dealers to offer steep discounts.

Published 31 May, 2021 11:30am

Markets

Gold eases off 4-1/2-month peak as dollar, yields rebound

South Korea's central bank kept monetary policy unchanged on Thursday as a surge in coronavirus cases threatened an export-led economic recovery.

Published 27 May, 2021 11:55am

Markets

Gold eases on global recovery hopes; weak dollar limits losses

US gold futures fell 0.3% to $1,879 per ounce

Published 25 May, 2021 11:18am

Markets

Gold heads for third weekly gain on tepid dollar, inflation worries

Indicative of sentiment, holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, rose 0.6% to 1,037.09 tonnes on Thursday.

Published 21 May, 2021 12:15pm

Markets

Gold hits near 4-month peak on weak dollar, inflation worries

SPDR Gold Trust holdings at 1-1/2-month high.
Gold gains for a fourth straight session.
Dollar slips to near three-month low.
Silver hits highest level since February.

Published 18 May, 2021 08:33pm

Markets

Gold prices at 3-1/2-month high on weaker dollar, inflation anxiety

Investors now await minutes of the US Fed's last meeting, due on Wednesday, for more cues on the US central bank's monetary policy.

Published 18 May, 2021 10:52am

Markets

Gold extends rally as dollar weakness, inflation jitters lift appeal

"However, the pace of the gold rally appears to be outpacing fundamentals right now, and the Relative Strength Index (RSI) has entered overbought territory.

Published 18 May, 2021 10:33am

Markets

Gold eases off seven-week high as US bond yields rise

More than 141.67 million people have been reported to be infected by the novel coronavirus globally and 3,163,124? have died, according to a Reuters tally.

Published 20 Apr, 2021 11:30am

Markets

SPDR Gold holdings fall 0.4% or 3.79 tonnes

In terms of ounces, holdings fell to 33,084,811 ounces from 33,206,603.

Published 07 Apr, 2021 11:36am

Markets

Gold slips as Turkish central bank chief's ouster raises dollar's appeal

Spot gold fell 0.3% to $1,739.80 per ounce by 0052 GMT. US gold futures were down 0.2% at $1,738.80 per ounce.

Published 22 Mar, 2021 12:03pm

Markets

Gold rises on inflation worries after US stimulus approval

The number of Americans filing new jobless claims fell to a four-month low last week, while the US market morale rose to its highest in a year in early March.

Published 15 Mar, 2021 10:58am

Markets

Gold rises on weaker US Treasury yields, dollar

Lower yields reduce the opportunity cost of holding the non-interest paying gold.

Published 10 Mar, 2021 10:45am

Markets

Gold sinks to 9-month low as Fed remarks boost dollar, bond yields

CME Group Inc decreased margins for COMEX 100 Gold Futures contracts by 9.1%.

Published 05 Mar, 2021 10:19am

Markets

Gold falls to over 8-mth low on stronger dollar, higher yields

Focus also remains on the developments of the $1.9 trillion US coronavirus relief bill that will be debated in the Senate this week.

Published 02 Mar, 2021 12:03pm

Markets

Gold prices edge higher as US Treasury yields retreat

US bank Wells Fargo said it has expanded its precious metals trading business, filling gaps in the market left by the withdrawal of Bank of Nova Scotia (Scotiabank).

Published 02 Mar, 2021 10:02am

Markets

Gold rises 1% on weaker dollar, US stimulus cheer

Gold is considered a hedge against inflation, likely to result from widespread stimulus, while higher bond yields challenge that status.

Published 01 Mar, 2021 11:50am

Markets

Gold slips as investors prefer safety of dollar

Silver lost 0.2% to $25.18 an ounce, platinum fell 0.2% to $1,063.76, and palladium was flat at $2,304.81.

Published 28 Jan, 2021 09:57am

Markets

Gold steady ahead of US Fed policy decision

Spot gold was little changed at $1,849.76 per ounce by 0031 GMT. US gold futures eased 0.1% to $1,848.60.

Published 27 Jan, 2021 09:44am

Markets

Gold rises as US stimulus hopes bolster appeal

The US Federal Reserve policy meeting is due on Jan. 26-27.

Published 25 Jan, 2021 10:11am

Markets

Gold edges up on Biden's stimulus proposal

Biden unveiled a $1.9 trillion stimulus package proposal on Thursday designed to jump-start the economy and speed up the US response to the coronavirus pandemic.

Published 15 Jan, 2021 09:45am

Markets

Gold inches higher on hopes of further US stimulus

SPDR Gold Trust the world's largest gold-backed exchange-traded fund, said its holdings fell 0.20% to 1,167.53 tonnes on Tuesday from 1,169.86 tonnes on Monday.

Published 23 Dec, 2020 10:18am

Markets

Gold set for third straight weekly gain on US stimulus hopes

US Congressional Republicans and Democrats scrambled to pass a new round of coronavirus aid on Thursday with lawmakers from both parties saying that failure to agree was no longer an option.

Published 18 Dec, 2020 08:52am

Markets

Gold eases as vaccine rollouts expand; Fed meet eyed

The US Federal Reserve is expected to keep interest rates pinned near zero and to signal where rates are headed in the coming years at it's final policy meet of the year. The Fed's policy statement is due at 1900 GMT.

Published 16 Dec, 2020 08:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Cotton US¢/pound / Jan 30	66.57
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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