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

MPS Preview: High for Longer

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

Sale of DAP improves by 6.2% in December

January 25, 2021 (MLN): The total sale of DAP during the month of December 2020 was nearly 205 thousand tonnes, representing an increase of 6.2 percent over December 2019 Total DAP availability was 317 thousand

Govt raises electricity tarrif by 1.95 rupees per unit

January 22, 2021 (MLN): The government has increased electricity tarrif by 1.95 rupees per unit against the proposed raise of 2.18 rupees per unit, due to the burden that capacity charges will reach to 1,455 billion

Gold rates climb for the 4th day in a row

January 21, 2021 (MLN): Gold prices increased today for the fourth day in a row in the domestic bullion market, as the price of 24 karat gold jumped by Rs 500 to Rs.113,400 per tola

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

Sale of DAP improves by 6.2% in December

January 25, 2021 (MLN): The total sale of DAP during the month of December 2020 was nearly 205 thousand tonnes, representing an increase of 6.2 percent over December 2019 Total DAP availability was 317 thousand

Govt raises electricity tarrif by 1.95 rupees per unit

January 22, 2021 (MLN): The government has increased electricity tarrif by 1.95 rupees per unit against the proposed raise of 2.18 rupees per unit, due to the burden that capacity charges will reach to 1,455 billion

Gold rates climb for the 4th day in a row

January 21, 2021 (MLN): Gold prices increased today for the fourth day in a row in the domestic bullion market, as the price of 24 karat gold jumped by Rs 500 to Rs.113,400 per tola