According to the All Pakistan Gem Merchants and Jewellers Association (APGMJA), the price of 10 grams of 24-karat gold has also increased by Rs857 to Rs225,051 rupees.

On the other hand, the price of gold decreased by $13 to $2,503 per ounce in the international market.

Meanwhile, silver prices remained unchanged at Rs2,950 per tola in the local market.

Fluctuations in gold prices in the domestic market are influenced by ongoing international market dynamics as well as domestic factors, including currency exchange rates and domestic demand.