Gold prices ended sharply lower by Rs 440 per ten grams to Rs 11,685 on the bullion market here today on lack of demand at higher levels along with fresh stockists offerings on the back of lower overseas advices. Turning to the local market, standard gold (99.5 purity) dropped by Rs 440 per ten grams to Rs 11,685 from the previous closing level of Rs 12,125 and pure gold (99.9 purity) also fell to Rs 11,750 from Rs 12,185.Silver ready (.999 fineness) slipped by Rs 985 per kilo to end at Rs 22,640 as against Rs 23,625 pre- viously.