ISLAMABAD: Gold prices slipped on Monday after witnessing two-way price moves amid planned diplomatic talks between the US and Russian over Ukraine issue. As of 1340 hours GMT, gold in the international market was available at $1,894.30 per ounce, shedding $4.90. Out of a $4.90 per ounce decrease, +$1.85 was due to the dollar’s weakness and -$6.75 was due to predominant sellers. The price of 10 grams of 24-carat yellow metal in Pakistan, meanwhile, decreased to Rs107,400. The gold price surged to an eight-month high on Thursday as prices remain at the mercy of the geopolitical developments concerning the Russia-Ukraine crisis. TLTP
