KARACHI  - Gold price slipped by Rs 86 to close at Rs 50,142 per 10 grams in the local market Saturday as its international price improved to $1,722 an ounce, market sources said.

According to Karachi Sarafa Association official, tola (11.664 grams) price also fell by Rs 100 to close at Rs 58,500. Silver closed lower at Rs 925.71 per 10 grams.