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

MPS Preview: High for Longer

Gold extends gains, up by Rs600 per tola

November 19, 2021 (MLN): Gold rates on Friday extended gains in the domestic bullion market as the price of 24-karat gold surged by Rs600 to close at Rs124,600 per tola, the data provided by Karachi

Cotton output jumps 70% as of Nov 15

November 18, 2021 (MLN): The country’s cotton production surged by a whopping 70% YoY to 6.852 million bales up to November 15, 2021, as opposed to 4.027m bales produced in the same period of last

Gold nosedives by Rs2,850 in domestic bullion

November 17, 2021 (MLN): Continuing its downward journey, the price of 24-karat gold in the domestic bullion fell by Rs2,850 to close at Rs122,000 per tola on Wednesday. According to the data provided by Karachi

Gold slips further by Rs1,350 per tola

November 16, 2021 (MLN): The gold rates continued to slip in the domestic bullion market on Tuesday, as the price of 24 karat per tola gold witnessed a decrease of Rs1,350 and was sold at

Gold price falls to Rs126,200 per tola

November 15, 2021 (MLN): The gold rates in the domestic bullion market fell on Monday as the price of 24 karat per tola gold witnessed a decrease of Rs1900 and was sold at Rs 126,200

POL prices likely to remain unchanged

November 15, 2021 (MLN): The government is likely to keep petroleum products' prices unchanged for the upcoming fortnight. In this regard, the government will release notification by tonight. On November 5, 2021, the price of petrol witnessed

OPEC cuts world oil demand forecast for 2021

November 12, 2021: OPEC lowered its world oil demand forecast for 2021 on Thursday, citing weaker demand in major consumers, and an expected hit from high energy prices. In a monthly report, the cartel of

Govt, ITFC sign $761.5m Murabaha for fuel imports

November 10, 2021 (MLN): Government has signed $761.5 million agreement with the International Islamic Trade Finance Corporation (ITFC) for fuel import of crude oil, refined petroleum products and LNG, a press release showed on Wednesday. The

Gold rates up by Rs1,000 per tola

November 10, 2021 (MLN): Gold price on Wednesday, has been holding steady at around $1,825 an ounce in the international market as dollar value remained firm. Meanwhile, investors remained cautious over the U.S. inflation data

Not discontinuing weekly SPI, says FM Spokesperson

November 10, 2021 (MLN): The government is not planning to discontinue the release of weekly Sensitivity Price Index (SPI) as claimed by some media reports, clarified the Spokesperson to Finance Minister Muzammil Aslam on Wednesday. Earlier,

Gold climbs up by Rs1500 in the domestic bullion

November 9, 2021 (MLN): The price of 24-karat gold in the domestic bullion jumped by Rs15,00 to close at Rs124,800 per tola. According to data provided by Karachi Sarafa and Jewellers Association, the price of

Gold extends gains, up by Rs600 per tola

November 19, 2021 (MLN): Gold rates on Friday extended gains in the domestic bullion market as the price of 24-karat gold surged by Rs600 to close at Rs124,600 per tola, the data provided by Karachi

Cotton output jumps 70% as of Nov 15

November 18, 2021 (MLN): The country’s cotton production surged by a whopping 70% YoY to 6.852 million bales up to November 15, 2021, as opposed to 4.027m bales produced in the same period of last

Gold nosedives by Rs2,850 in domestic bullion

November 17, 2021 (MLN): Continuing its downward journey, the price of 24-karat gold in the domestic bullion fell by Rs2,850 to close at Rs122,000 per tola on Wednesday. According to the data provided by Karachi

Gold slips further by Rs1,350 per tola

November 16, 2021 (MLN): The gold rates continued to slip in the domestic bullion market on Tuesday, as the price of 24 karat per tola gold witnessed a decrease of Rs1,350 and was sold at

Gold price falls to Rs126,200 per tola

November 15, 2021 (MLN): The gold rates in the domestic bullion market fell on Monday as the price of 24 karat per tola gold witnessed a decrease of Rs1900 and was sold at Rs 126,200

POL prices likely to remain unchanged

November 15, 2021 (MLN): The government is likely to keep petroleum products' prices unchanged for the upcoming fortnight. In this regard, the government will release notification by tonight. On November 5, 2021, the price of petrol witnessed

OPEC cuts world oil demand forecast for 2021

November 12, 2021: OPEC lowered its world oil demand forecast for 2021 on Thursday, citing weaker demand in major consumers, and an expected hit from high energy prices. In a monthly report, the cartel of

Govt, ITFC sign $761.5m Murabaha for fuel imports

November 10, 2021 (MLN): Government has signed $761.5 million agreement with the International Islamic Trade Finance Corporation (ITFC) for fuel import of crude oil, refined petroleum products and LNG, a press release showed on Wednesday. The

Gold rates up by Rs1,000 per tola

November 10, 2021 (MLN): Gold price on Wednesday, has been holding steady at around $1,825 an ounce in the international market as dollar value remained firm. Meanwhile, investors remained cautious over the U.S. inflation data

Not discontinuing weekly SPI, says FM Spokesperson

November 10, 2021 (MLN): The government is not planning to discontinue the release of weekly Sensitivity Price Index (SPI) as claimed by some media reports, clarified the Spokesperson to Finance Minister Muzammil Aslam on Wednesday. Earlier,

Gold climbs up by Rs1500 in the domestic bullion

November 9, 2021 (MLN): The price of 24-karat gold in the domestic bullion jumped by Rs15,00 to close at Rs124,800 per tola. According to data provided by Karachi Sarafa and Jewellers Association, the price of