Gold prices in Pakistan recorded another significant increase for the second consecutive day.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs4,600, reaching Rs433,836.

The price of 10 grams of gold also rose by Rs3,944, bringing its new rate to Rs371,944.

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Silver prices in the local market also witnessed a slight increase. The price of silver per tola went up by Rs7 to Rs6,403, while 10 grams of silver increased by Rs6, reaching Rs5,489.

The association further reported that in the international market, the price of gold rose by $46 to $4,114 per ounce, while silver gained $0.07, settling at $59.24 per ounce.