Gold climbs up as concerns of a likely global growth slowdown hover

News Image

MG News | December 21, 2018 at 10:20 AM GMT+05:00

0:00

December 21, 2018 (MLN): Gold prices showed a sudden growth of around more than 1 percent, mainly by virtue of a weakening dollar as well as influx of safe-haven bids driven by crumbling stocks after Fed's monetary policy stance paved way for concerns about global growth crisis.

Spot gold scaled up by 1.3 percent to $1,259.76 per ounce by 04:15 am. U.S. gold futures settled at $1,267.90 per ounce, up $11.50.

\"\"

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,670.00 119,440.00
118,260.00
375.00
0.32%
BRENT CRUDE 72.19 73.17
71.75
-0.32
-0.44%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.88 69.79
68.45
-0.33
-0.48%
SUGAR #11 WORLD 16.42 16.58
16.40
-0.17
-1.02%

Chart of the Day


Latest News
July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want


July 30, 2025 at 03:47 PM GMT+05:00

CCP resolves 223 cases, recovers Rs360m


July 30, 2025 at 03:15 PM GMT+05:00

SBP keeps policy rate unchanged at 11%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg