Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Gold rates soar by Rs2,300 to Rs119,000 per tola

October 14, 2021 (MLN): Gold rates in domestic bullion market continued to rally as the price of 24-karat gold increased by a whopping Rs2,300 to close at Rs119,000 per tola on Thursday. According to data

Gold rates gain by $8 an ounce on inflation fears

October 13, 2021 (MLN): Gold rates on Wednesday witnessed an increase of $8 to reach $1,771 per ounce due to the rising inflation fears that drove some investors' interest towards safe-haven metal while silver was

Govt optimistic to achieve 8.5 mln cotton bales

October 07, 2021: Minister for National Food Security and Research Syed Fakhar Imam on Thursday said that cotton output targets during the current season (2021-22), which were set at 8.5 million bales would be achieved

Gold edges higher by Rs600

October 1, 2021 (MLN): Snapping its two-day losing streak, gold in the domestic bullion market took a breather, as the price of 24-karat gold inched up by Rs600 to close at Rs114,100 per tola. Similarly,

Oil prices decline as U.S. inventories rise

September 30, 2021: Oil prices decreased on Thursday after data showed an expected rise in U.S. crude stockpiles. The West Texas Intermediate for November delivery lost 46 cents to settle at 74.83 U.S. dollars a

Sale of DAP drops by 37% in Aug’21

September 29, 2021 (MLN): The total DAP offtake during the month of August 2021 was recorded at 187 thousand tonnes, depicting a decline of 36.8 percent as compared to the offtake of 295 thousand tonnes

Gold edges up by Rs400 per tola

September 29, 2021 (MLN): Gold prices inched higher in the local bullion market on Wednesday as the price of single tola of 24-karat gold price went up by only Rs400 to settle at Rs113,700 per

Fertilizer offtake records 6.7% decline in Aug’21

September 29, 2021 (MLN): Total nutrient offtake during the month of August 2021 was about 495 thousand nutrient tonnes, recording a decline of 6.7 percent over the same timeframe of 2020. Among the nutrients, nitrogen

Brent crude price jumps above $80 a barrel

September 28, 2021: The price of Brent crude oil jumped Tuesday above $80 for the first time in almost three years on expectations for surging demand and concerns about supplies as the world slowly emerges

Gold subdued on stronger dollar, yields

September 27, 2021 (MLN): The gold rate was subdued on Monday in the international market as it reached $1750 an ounce on rising US bond yields and a stronger dollar, as investors awaited speeches from

Gold rates soar by Rs2,300 to Rs119,000 per tola

October 14, 2021 (MLN): Gold rates in domestic bullion market continued to rally as the price of 24-karat gold increased by a whopping Rs2,300 to close at Rs119,000 per tola on Thursday. According to data

Gold rates gain by $8 an ounce on inflation fears

October 13, 2021 (MLN): Gold rates on Wednesday witnessed an increase of $8 to reach $1,771 per ounce due to the rising inflation fears that drove some investors' interest towards safe-haven metal while silver was

Govt optimistic to achieve 8.5 mln cotton bales

October 07, 2021: Minister for National Food Security and Research Syed Fakhar Imam on Thursday said that cotton output targets during the current season (2021-22), which were set at 8.5 million bales would be achieved

Gold edges higher by Rs600

October 1, 2021 (MLN): Snapping its two-day losing streak, gold in the domestic bullion market took a breather, as the price of 24-karat gold inched up by Rs600 to close at Rs114,100 per tola. Similarly,

Oil prices decline as U.S. inventories rise

September 30, 2021: Oil prices decreased on Thursday after data showed an expected rise in U.S. crude stockpiles. The West Texas Intermediate for November delivery lost 46 cents to settle at 74.83 U.S. dollars a

Sale of DAP drops by 37% in Aug’21

September 29, 2021 (MLN): The total DAP offtake during the month of August 2021 was recorded at 187 thousand tonnes, depicting a decline of 36.8 percent as compared to the offtake of 295 thousand tonnes

Gold edges up by Rs400 per tola

September 29, 2021 (MLN): Gold prices inched higher in the local bullion market on Wednesday as the price of single tola of 24-karat gold price went up by only Rs400 to settle at Rs113,700 per

Fertilizer offtake records 6.7% decline in Aug’21

September 29, 2021 (MLN): Total nutrient offtake during the month of August 2021 was about 495 thousand nutrient tonnes, recording a decline of 6.7 percent over the same timeframe of 2020. Among the nutrients, nitrogen

Brent crude price jumps above $80 a barrel

September 28, 2021: The price of Brent crude oil jumped Tuesday above $80 for the first time in almost three years on expectations for surging demand and concerns about supplies as the world slowly emerges

Gold subdued on stronger dollar, yields

September 27, 2021 (MLN): The gold rate was subdued on Monday in the international market as it reached $1750 an ounce on rising US bond yields and a stronger dollar, as investors awaited speeches from