Gold price falls on dull buying interest

Author: Staff Report

KARACHI: Yellow metal prices in international and domestic markets remained under technical correction on dull interest of leading buyers and Gold Futures speculation in long and short term trading. Hedging and speculations on future market outlook baseline price remained unfavourable during trading. International price shed value by $20 an ounce to stay at $1,294 an ounce while in domestic bullion market price were dull by Rs 795 a tola to stay at Rs 51,085 per tola and in ten grams term, price closed depressed at Rs 43,844 with a decline of Rs 682 per 10 grams.

Published in Daily Times, September 22nd 2017.

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