KARACHI: Gold slipped by Rs 43 to Rs 49,414 per 10 grams in the local market Monday as its international price dropped to $ 1,660 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also went down Rs 50 at Rs 57,650.

Silver closed higher at Rs 921.42 per 10 grams.