Monitoring Desk

Gold price surged almost one percent on Monday as demand for traditional safe-haven shines amid raging energy inflation and its impact on global economic growth. As of 1215 hours GMT, gold in the international market was available at $1,989.20 per ounce, gaining $16.30. Out of a $16.30 per ounce increase, -$10 was due to the […]

The cryptocurrency market maintained its losing streak for the fifth straight day on Monday, with market capitalisation shedding one percent to reach $1.79 trillion. As of 1155 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price fell by 0.14 percent to reach $38,309. With this decrease in price, the market capitalisation of the biggest crypto has […]

Gold price witnessed its highest weekly close since November 2020 last week as geopolitical concerns centring on Russia have revived yellow metal’s demand as a safe haven. Gold futures closed the week on a bullish note in the international market at $1,972.90 per ounce, gaining $83.90 (+4.44 percent) on a week-on-week basis amid risk sentiment, […]

Pakistani rupee snapped a two-day losing streak against the US dollar by recovering 33 paisa (+0.19 percent) on Friday. The State Bank of Pakistan said in a statement that the dollar opened at Rs177.83 in the interbank market and closed at Rs177.50. The rupee witnessed a trading range of 25 paisa during the session, showing […]

The cryptocurrency market plunged on Friday, with the market capitalisation shedding 3.9 percent to fall below the psychological level of $2 trillion mark to $1.92 trillion. As of 1235 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price fell by 5.11 percent to reach $41,428. With this decrease in price, the market capitalisation of the biggest […]

Gold price edged down slightly for the second consecutive day on Thursday amid strengthening US dollar. As of 1405 hours GMT, gold in the international market was available at $1,925.40 per ounce, shedding $3.30. Out of a $3.30 per ounce decrease, -$4.05 was due to the dollar’s strengthening and +$0.75 was due to predominant buyers, […]

The cryptocurrency market remained mixed on Thursday, with the market capitalisation shedding 0.8 percent to reach $2.01 trillion. As of 1335 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price inched up by 0.26 percent to reach $43,677. With this increase in price, the market capitalisation of the biggest crypto has reached $827 billion. Bitcoin has […]

Gold price slipped around one percent on Wednesday amid strengthening US dollar, as the prevalent risk sentiment remains the main market driver amid the Russia-Ukraine war. As of 1440 hours GMT on Wednesday, gold in the international market was available at $1,930.40 per ounce, shedding $14.90. Out of a $14.90 per ounce decrease, -$4.85 was […]

Gold price surged 0.5 percent amid growing concerns over negative impacts of the Russia-Ukraine war on the global economy. As of 1415 hours GMT on Tuesday, gold in the international market was available at $1,919.70 per ounce, gaining $11. Out of $11 per ounce increase, -$6.45 was due to the dollar’s strengthening and +$17.45 was […]

The cryptocurrency market jumped on Tuesday as the Russian assault on Ukraine continues and the US ratchets up sanctions. As of 1300 hours GMT, the market capitalisation gained 12.3 percent to reach $2.03 trillion, taking a sharp rebound The largest cryptocurrency Bitcoin’s (BTC) price took a giant leap of 16.33 percent to reach $44,665. With […]