KARACHI: The gold price in international and domestic markets remained unchanged on low demand.
Gold closed at $1,255 an ounce with no change per ounce comparing to previous day price while domestic bullion price witnessed same phase. Gold in tola term firm and stayed at Rs 49,234 per tola while in grammage value, gold closed at Rs 42,255 per ten grams respectively, dealers said.
The buyers with liquidity kept maintaining gold price as they along with gold hedgers remained busy in manipulating trade and buyers with less liquidity remained cautious for making any sizeable deal in anticipation of downward adjustment in price. The potential buyers at home remained confident dollar-rupee parity and oil prices continuous fall would keep gold prices within buyers’ reach.
