Gold prices up in global market

Dhaka stocks make recovery in last week US stocks rise Friday, post best day Wednesday in eight weeks Band bonanza on upcoming Eid festival Gold breaks $1,250 an ounce, oil prices reach at $73.56 per barrel Japanese Yen hovers near 15-year highs against US dollar Call money rates stable last week Apex trade body hosts iftar party Friday Bank holiday Sept 7 IMF to provide $450 million assistance to flood-hit Pakistan Customs stations will remain open Sept 3, 4, 7

Stock Index (closing)

Aug 05, 2010

DSE	Up by 0.67% to 6575.39 points
CSE	Up by 0.21% to 12612.74 points

Exchange Rate

Aug.05, 2010

Currency	Buying	Selling
USD	68.80	69.80
GBP	108.73	111.84
EUR	89.86	92.78
JPY	0.80	0.83

Oil	$77.23/barel
Gold	$1165.85 /ounce
Silver	$17.60 /ounce

Thursday	2.50-3.0%
Wednesday	2.50-3.0%

Inter-bank forex

Wednesday's opening	Tk69.08-09
Tuesday's closing	Tk69.08-09

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	Azan	Jamaat
Fajr	4:20	4:55
Zohr	12:45	1:15
Asr	5:00	5:15
Maghrib	6:47	6:50
Esha	8:15	8:45

Gold prices up in global market

News

Dhaka, Bangladesh (BBN)- Gold prices rose on Tuesday after the rating downgrade of Greece reignited fears of a worsening fiscal crisis and increased safe-haven buying of gold.

Gold price for August delivery rose by US$ 9.90 to settle at $ 1,234.40 per ounce at the Comex division of the New York Mercantile Exchange on Tuesday.

On the other hand, Crude oil traded near a one-month high in New York as gains in U.S. equities restored confidence that fuel demand will increase.

BBN/SS/SI/AD-16June10-12:47 pm (BST)

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