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gold-bar_400KARACHI: Gold slipped by Rs 300 to Rs 49,071 per 10 grams in the local market Thursday as its international price dropped to $ 1,640 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also dipped by Rs 350 at Rs 57,250.

Silver closed lower at Rs 917.14 per 10 grams for the second consecutive day.

Copyright APP (Associated Press of Pakistan), 2012

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