After declining for two consecutive days, gold prices in Pakistan rose sharply again on Wednesday.

According to the All Pakistan Sarafa Association, the price of 24-karat gold increased by Rs7,900 per tola, reaching Rs457,236 per tola.

The price of 10 grams of gold rose by Rs6,773 to Rs392,006.

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Gold prices also recorded a significant increase in the international market, with the price per ounce rising by $79 to $4,347.

Meanwhile, the price of silver increased by Rs140 per tola, reaching Rs6,942.