KARACHI: The yellow metal’s price on international and domestic markets continued witnessing a sluggish price trend on technical grounds, metal traders said. The interest of leading trading groups remained insignificant however hedgers with liquidity consolidated their long positions to make some gains, traders said. Gold closed at $1,235 an ounce with $2 an ounce downward change comparing to the previous day price while domestic bullion price witnessed the same phase. Gold in tola terms was down by Rs 129 per tola and stayed at Rs 48,484 per tola, while in grammage value, gold closed at Rs 41,611 per ten grams with Rs 111 an ounce on a downward correction, dealers said. Buyers with liquidity kept maintaining the gold price along with gold hedgers as they remained busy in manipulating trade and buyers with limited liquidity remained cautious for making any sizeable deal in anticipation of further downward adjustment in price.