Commodities
Gold rebounds after sharp selloff as oil prices ease
Gold prices recovered on Monday following a sharp decline in the previous session, supported by easing oil prices that reduced inflationary pressures, while market participants evaluated recent Federal Reserve officials' remarks for signals about the future direction of US monetary policy.
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Gold slips below $4,000 on rising oil prices, firm US inflation data
Gold prices fell on Friday as rising oil prices stoked inflation worries and stronger-than-expected US inflation data bolstered expectations of another interest rate increase by the Federal Reserve before the year ends.
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Commodities Markets
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BRENT CRUDE | 104.74 | 105.50 104.27 | -0.03 -0.03% |
| RICHARDS BAY COAL MONTHLY | 134.00 | 0.00 0.00 | 0.75 0.56% |
| ROTTERDAM COAL MONTHLY | 142.50 | 146.50 142.45 | -5.25 -3.55% |
| USD RBD PALM OLEIN | 1,182.50 | 1,182.50 1,182.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 96.61 | 97.17 96.12 | 0.15 0.16% |
| SUGAR #11 WORLD | 19.00 | 19.46 18.99 | -0.36 -1.86% |
| Gold Tola 24 Kt | 409,420.14 | 413,629.07 409,389.01 | -2401.68 -0.58% |
| Gold | 3,925.03 | 3,964.29 3,924.73 | -22.43 -0.57% |
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Pakistan Stock Movers
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