Islamabad
Gold prices edged up in the international market on Tuesday due to weakened US dollar and were seen oscillating in a narrow trading band, near two-and-half-week tops touched a day earlier.
At 1330 hours GMT, gold in the international mar-ket was available at $1,807.60 per ounce after gain-ing $1.10.
Meanwhile, the price of 10 grams of yellow metal in Pakistan increased to Rs95,400 after gaining Rs900.
The closing prices of the yellow metal in the coun-try remained Rs94,500 on Monday last. According to experts, gold seems to have entered a bullish consolidation phase.
They said the risk-on impulse in the markets turned out to be a key factor that acted as a headwind for the traditional safe-haven gold.—TLTP
