Markets

Gold slips to Rs 48,642

Published April 18, 2012 Updated April 18, 2012 03:01pm

KARACHI: Gold slipped by Rs 215 to Rs 48,642 per 10 grams in the local market Wednesday as its international price dropped to $ 1,647 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also declined by Rs 250 to Rs 56,750.

Silver closed unchanged at Rs 900 per 10 grams.

Copyright APP (Associated Press of Pakistan), 2012