Gold scales up as the expectations regarding Fed not raising interest rates weakens dollar

News Image

MG News | January 14, 2019 at 10:55 AM GMT+05:00

0:00

January 14, 2019 (MLN): Gold prices scaled up during initial hours on Monday, as the expectations regarding U.S. Federal Reserve not raising interest rates this year weakened the dollar. Moreover, the previous metal further gained from drop in Asian markets.

Spot gold was up by 0.3 percent at $1,291.42 per ounce, as of 0411 GMT, whereas U.S. gold futures were up by 0.2 percent at $1,291.40 per ounce.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 185,098.83
381.92M
2.01%
3642.50
ALLSHR 111,509.35
956.25M
2.13%
2327.02
KSE30 56,737.75
167.91M
2.00%
1112.07
KMI30 260,872.72
165.83M
2.57%
6529.72
KMIALLSHR 71,488.31
461.39M
2.50%
1744.73
BKTi 53,691.60
50.03M
1.27%
672.83
OGTi 38,672.45
45.54M
4.90%
1805.03
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 95,595.00 96,060.00
95,245.00
240.00
0.25%
BRENT CRUDE 64.60 64.77
63.44
0.84
1.32%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.00
-2.25%
ROTTERDAM COAL MONTHLY 98.05 98.10
97.70
0.70
0.72%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 59.83 60.05
58.81
0.75
1.27%
SUGAR #11 WORLD 14.84 14.87
14.60
0.27
1.85%

Chart of the Day


Latest News
January 16, 2026 at 07:03 PM GMT+05:00

Auto financing in Pakistan rises to Rs319bn in December


January 16, 2026 at 05:07 PM GMT+05:00

Is Pakistan entering a once in a generation moment?


January 16, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bulls Keep the Flame Alive


January 16, 2026 at 04:46 PM GMT+05:00

Mari Energies launches cloud and AI infrastructure platform


January 16, 2026 at 04:34 PM GMT+05:00

PKR holds steady against USD



Top 5 things to watch in this week

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