KARACHI: The yellow metal price in global and domestic markets closed flat in successive past three trading sessions on technical ground besides trading activity remained future-speculation based as hedgers made deals with manipulating future price during trading session. The Futures gold price would be in hands of leading brokers by December 2016, experts opined. Gold closed at $1,267 an ounce with no variation in value as compared to previous trading session and domestic bullion price witnessed same trend. Gold in tola term down by Rs 3 a tola to close at Rs 49,617 per tola while in grammage value, gold remained dull by Rs 2 per ten grams to Rs 42,584 per ten grams, dealers said. Gold price remained in hands of leading manipulators as they remained busy influencing current prices and gold Futures. The potential buyers in India and Pakistan remained busy in hedging.