KARACHI: The yellow metal price in global and domestic markets closed firm after some upward improvement on technical ground besides trading activity remained steady as major stakeholders made deals and remained busy manipulating Future price during trading session.
The gold price would be remained under leading hands by December 2016, experts opined. Gold closed at $1,314 an ounce with $1 upward variation in value as compared to previous trading session and domestic bullion price witnessed same trend. Gold in tola term up by Rs 75 a tola to close at Rs 51,489 per tola while in grammage value, gold remained up by Rs 67 per ten grams to Rs 44,191 per ten grams, dealers said.
The gold price remained in the hands of manipulators in India, Pakistan and other major gold buying countries, as they remained busy influencing current prices and Futures on speculations.
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