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Markets

Gold slips to Rs48,685

Published July 16, 2012 Updated July 16, 2012 03:26pm

gold KARACHI: Gold slipped by Rs43 to close at Rs48,685 per 10 grams in the local market Monday as its international price dropped to $ 1,585 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also declined by Rs100 to Rs56,800.

Silver closed lower at Rs801.42 per 10 grams.

Copyright APP (Associated Press of Pakistan), 2012

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