Commodities
Gold slips to $4,046 as oil rebounds
Gold prices slipped on Friday as a recovery in crude oil revived inflation concerns and strengthened bets that the Federal Reserve will keep interest rates high for longer, though the metal remained on course for a weekly gain ahead of the US payrolls report due later in the day.
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Gold firm at $3,939 with US midterm results in focus
Gold prices were mostly steady on Wednesday as a weaker US dollar lent support ahead of the US midterm election results, while investors held back for the non-farm payrolls report due later this week for cues on the Federal Reserve’s policy direction.
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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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| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BRENT CRUDE | 97.97 | 100.83 96.67 | -0.32 -0.33% |
| RICHARDS BAY COAL MONTHLY | 127.25 | 0.00 0.00 | -0.50 -0.39% |
| ROTTERDAM COAL MONTHLY | 136.50 | 137.25 136.50 | -0.80 -0.58% |
| USD RBD PALM OLEIN | 1,182.50 | 1,182.50 1,182.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.34 | 92.53 89.07 | -0.18 -0.20% |
| SUGAR #11 WORLD | 18.25 | 18.60 18.13 | -0.31 -1.67% |
| Gold Tola 24 Kt | 424,176.42 | 424,237.71 423,995.37 | 254.21 0.06% |
| Gold | 4,065.74 | 4,065.74 4,066.21 | 0.24 0.01% |
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Pakistan Stock Movers
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