Gold Prices clamber up as yields on US bonds fall

News Image

MG News | November 20, 2018 at 12:18 PM GMT+05:00

November 20, 2018 (MLN): Gold prices clambered up by $11 at $1225 during early hours of the day, as US bond yields declined amidst risk aversion, enhancing the relative appeal of non-interest-bearing alternatives.

The principal factors steering the prices up included the ominous UK's Brexit woes, and the guarded comments from Fed chairman Powell that came off as an early warning that a change of direction might be brewing at the Fed on interest rates.

Copyright Mettis Link News
 

Related News

Name Price/Vol %Chg/NChg
KSE100 170,929.22
157.45M
1.84%
3084.97
ALLSHR 102,882.37
311.81M
1.67%
1691.91
KSE30 51,246.55
80.29M
1.87%
938.54
KMI30 245,281.92
63.44M
1.76%
4240.76
KMIALLSHR 66,839.60
169.53M
1.63%
1070.68
BKTi 46,984.20
27.98M
2.35%
1079.03
OGTi 36,187.23
5.84M
1.77%
629.31
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,360.00 77,655.00
76,105.00
1585.00
2.09%
BRENT CRUDE 98.71 100.73
97.10
-4.83
-4.66%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 113.00 0.00
0.00
0.30
0.27%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 91.84 93.90
90.32
-4.76
-4.93%
SUGAR #11 WORLD 14.68 14.91
14.59
-0.22
-1.48%

Chart of the Day


Latest News

Top 5 things to watch in this week

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