Gold Prices clamber up as yields on US bonds fall

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

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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.

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Name	Price/Vol	%Chg/NChg
KSE100	170,884.59 165.82M	1.09% 1841.39
ALLSHR	103,297.23 574.85M	1.03% 1052.60
KSE30	50,883.00 85.37M	1.16% 585.22
KMI30	243,139.25 70.59M	1.05% 2522.69
KMIALLSHR	66,979.22 287.59M	0.99% 655.18
BKTi	47,642.11 15.25M	1.66% 776.54
OGTi	35,136.50 9.94M	0.68% 237.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,410.00	81,990.00 80,410.00	-920.00 -1.13%
BRENT CRUDE	103.37	105.00 101.92	-1.45 -1.38%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	5.00 4.00%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	95.47	98.01 94.83	-1.76 -1.81%
SUGAR #11 WORLD	18.28	18.51 18.21	-0.04 -0.22%