Gold prices recorded a sharp increase across Pakistan on Tuesday, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

The price of 24-carat gold per tola rose by Rs900 to Rs481,862, while the rate for 10 grams of 24-carat gold increased by Rs771 to Rs413,118.

Similarly, 10 grams of 22-carat gold climbed by Rs707, settling at Rs378,705, reflecting broad upward movement in domestic bullion markets.

Internationally, gold prices also edged higher, with the rate rising by $9 to $4,595, providing support to local prices.

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Silver prices followed a similar trend, as the price of 24-carat silver per tola increased by Rs180 to Rs9,075.

The rate for 10 grams of 24-carat silver rose by Rs154 to Rs7,780, while international silver prices gained $1.80 to stand at $86.00.

The association said local gold prices were based on interbank exchange rates, with the quoted purity set at 999 for 24-carat gold.

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