The price of gold went up in the international market on Thursday after losing up to 0.70 percent in the early trading during the day. At 14:15 GMT, gold in the international market was trading at $1,892.60 an ounce after gaining $3.60 an ounce in its value as compared to its closing value on Wednesday last. Meanwhile, the price of 10 grams of yellow metal in Pakistan decreased to Rs94,600 with a loss of Rs200, as international closing price of gold was up during the Asian trading hours a day earlier as compared to the closing price. The price of yellow metal remained Rs94,800 on Wednesday. The price of gold took a U-turn following the European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as expected. The ECB further noted that it will continue to conduct net asset purchases under Pandemic Emergency Purchase Programme (PEPP) with a total envelope of $1,850 billion until at least the end of March 2022.