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

MPS Preview: High for Longer

A new wave of commodity boom

February 12, 2021(MLN): Global commodity prices have returned to pre-pandemic levels, inflated by vaccine-bolstered expectations of economic recovery, supply disruptions with countries such as Argentina and Russia imposing taxes and restrictions on grain exports and

Gold inches lower, as tola drops to Rs 111,800

February 11, 2021 (MLN): Gold rates inched lower on Thursday in the domestic bullion market, as the price of a single tola of 24-karat gold dropped by Rs 200 and was sold for Rs111,800 against

MG Opinion: Why is Pakistan’s cotton crop falling?

February 9, 2020 (MLN): Pakistan’s cotton crop is in doldrums. From producing record 14 million bales in 2014-15, fourth highest production in the world, the country’s cotton output has plummeted to record lows at just

Gold price closes flat on Monday

February 8, 2021 (MLN): Gold prices in the domestic bullion market closed flat on Monday, as the price of 24 karat and 10-gram of gold remained stagnant at Rs 111,800 per tola and Rs 95,850

Gold extends its losing streak

February 04, 2021 (MLN): The downward trajectory continued Thursday in the gold market as yellow metal witnessed some heavy selling amid a better recovery in US bond yields. Gold prices weakened by USD 22 and

Gold price falls by Rs 170 per tola on Wednesday

February 3, 2021 (MLN): Gold prices on Wednesday further fell in the domestic bullion market as the 24 Karat-Gold dropped by Rs 200 to Rs 112,650 per tola against the price of Rs 112,850 per

Pakistan’s cotton output falls to historic lows

February 03, 2021 (MLN): The arrivals of seed-cotton into ginneries witnessed a massive decline of 35% to 5.57 million bales by January 31, 2021, its lowest level in Pakistan’s history. The cotton production was recorded

Gold rate drops to Rs 112,850 per tola

February 02, 2021 (MLN): A modest increase in U.S. bond yields on Tuesday encouraged some fresh sell-off around the precious yellow metal but concerns about the delay in the COVID-19 vaccine helped mitigate further losses

Gold soars to Rs 113,300 per tola

February 1, 2021 (MLN): Gold prices extended their gain today for a second consecutive day, as the price of 24 karat gold in the domestic bullion market, jumped further by Rs 350 to Rs 113,300

Gold edges higher after a 5-day losing streak

January 29, 2021 (MLN): Snapping its five-day losing streak, gold prices edged higher on Friday in domestic bullion market, as the price of 24 karat gold jumped by Rs 500 to Rs 113,450 per tola

Gold weighs down by a stronger USD

January 28, 2021 (MLN): Gold prices extended their decline today due to stronger dollar, as the price of gold in the international market dipped further by USD 4 and traded at USD 1,842 per ounce

Gold remained under pressure amid weak global rates

January 27, 2021 (MLN): Gold prices remained under pressure in the domestic bullion market on Wednesday amid weak global rates, as the price of 24 karat gold declined by Rs 200 to Rs.113,000 per tola

Gold price falls by Rs 250 per tola on Tuesday

January 26, 2021 (MLN): Gold price declined by Rs 250 to Rs 113,200 per tola on Tuesday against the price of Rs 113,450 per tola reported in the previous session. According to the data provided

A new wave of commodity boom

February 12, 2021(MLN): Global commodity prices have returned to pre-pandemic levels, inflated by vaccine-bolstered expectations of economic recovery, supply disruptions with countries such as Argentina and Russia imposing taxes and restrictions on grain exports and

Gold inches lower, as tola drops to Rs 111,800

February 11, 2021 (MLN): Gold rates inched lower on Thursday in the domestic bullion market, as the price of a single tola of 24-karat gold dropped by Rs 200 and was sold for Rs111,800 against

MG Opinion: Why is Pakistan’s cotton crop falling?

February 9, 2020 (MLN): Pakistan’s cotton crop is in doldrums. From producing record 14 million bales in 2014-15, fourth highest production in the world, the country’s cotton output has plummeted to record lows at just

Gold price closes flat on Monday

February 8, 2021 (MLN): Gold prices in the domestic bullion market closed flat on Monday, as the price of 24 karat and 10-gram of gold remained stagnant at Rs 111,800 per tola and Rs 95,850

Gold extends its losing streak

February 04, 2021 (MLN): The downward trajectory continued Thursday in the gold market as yellow metal witnessed some heavy selling amid a better recovery in US bond yields. Gold prices weakened by USD 22 and

Gold price falls by Rs 170 per tola on Wednesday

February 3, 2021 (MLN): Gold prices on Wednesday further fell in the domestic bullion market as the 24 Karat-Gold dropped by Rs 200 to Rs 112,650 per tola against the price of Rs 112,850 per

Pakistan’s cotton output falls to historic lows

February 03, 2021 (MLN): The arrivals of seed-cotton into ginneries witnessed a massive decline of 35% to 5.57 million bales by January 31, 2021, its lowest level in Pakistan’s history. The cotton production was recorded

Gold rate drops to Rs 112,850 per tola

February 02, 2021 (MLN): A modest increase in U.S. bond yields on Tuesday encouraged some fresh sell-off around the precious yellow metal but concerns about the delay in the COVID-19 vaccine helped mitigate further losses

Gold soars to Rs 113,300 per tola

February 1, 2021 (MLN): Gold prices extended their gain today for a second consecutive day, as the price of 24 karat gold in the domestic bullion market, jumped further by Rs 350 to Rs 113,300

Gold edges higher after a 5-day losing streak

January 29, 2021 (MLN): Snapping its five-day losing streak, gold prices edged higher on Friday in domestic bullion market, as the price of 24 karat gold jumped by Rs 500 to Rs 113,450 per tola

Gold weighs down by a stronger USD

January 28, 2021 (MLN): Gold prices extended their decline today due to stronger dollar, as the price of gold in the international market dipped further by USD 4 and traded at USD 1,842 per ounce

Gold remained under pressure amid weak global rates

January 27, 2021 (MLN): Gold prices remained under pressure in the domestic bullion market on Wednesday amid weak global rates, as the price of 24 karat gold declined by Rs 200 to Rs.113,000 per tola

Gold price falls by Rs 250 per tola on Tuesday

January 26, 2021 (MLN): Gold price declined by Rs 250 to Rs 113,200 per tola on Tuesday against the price of Rs 113,450 per tola reported in the previous session. According to the data provided