KARACHI: The price of yellow metal in the domestic and international market witnessed a firm price trend on buying as leading buyers and hedgers pushed buying sentiments into the positive, metal traders reported. Hedgers made deals on reports of output that could determine Futures of Gold and bottom-line price in the days to come. Spot gold was quoted at $1,245 an ounce, when it corrected upward to $13 an ounce in trade. However, leading players provided strength to physical prices on speculative buying. The correction in spot gold price also influenced general prices according to metal traders. Domestic bullion price also witnessed the same trend. Gold in tola terms was up by Rs 525 to close at Rs 48,907 per tola while in grammage value, gold remained at Rs 41,974 per ten grams with a correction of Rs 453 per ten grams, dealers reported. Trading remained according to physical demand while secondary buyers kept waiting for the price of gold to go down further before coming out of the output report. We can expect prices to be largely confined to a similar kind of range, said a senior member of the Karachi Gold Market Association. Hedgers made forward deals, keeping in view gold Futures price during the trading session. The price of gold will remain under the influence of leading manipulators in India, Pakistan and other major gold buying countries. Gold hedgers made deals for secondary selling while general buyers remained on the sidelines anticipating an ease in the prices in the coming days on a dollar-rupee parity.