"We will be flexible. We are going to do the right thing as we always do," Falih said .
Traders said sentiment remained bearish on the back of a weak trend overseas.
Weak rupee makes the import of gold costlier and pushes the price of the precious metal higher.
"Base metals may trade with sideways bias," SMC Global Securities said.
The exporters are now trying hard to get access to good quality coloured varieties.
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