Markets

Gold slips to Rs 47,485

Published May 29, 2012 Updated May 29, 2012 03:53pm

KARACHI: Gold slipped by 129 to close at Rs 47,485 per 10 grams in the local market Tuesday as its international price dropped to $ 1,573 an ounce, market sources said.

According to Karachi Saraf Association official, tola (11.664 grams) price also decreased by Rs 150 to close at Rs 55,400.

Silver closed higher at Rs 822.85 per 10 grams.

Copyright APP (Associated Press of Pakistan), 2012