ISLAMABAD: Gold prices in Pakistan rebounded by Rs2,400 per tola on Monday after three consecutive days of decline, taking the price of 24-karat gold to Rs412,136, while international prices also recorded an increase.
According to the All Pakistan Gems and Jewellers Association, the price of gold per tola increased by Rs2,400 to Rs412,136. Similarly, the price of 10 grams of gold rose by Rs2,058 to Rs353,340.
Silver prices also moved upward, with the price per tola increasing by Rs100 to Rs5,488.
In the international market, gold prices increased by $24 per ounce to $3,896, but remained below the significant $4,000 mark.
The latest increase comes after a three-day consecutive decline in gold prices in both domestic and international markets, signalling a rebound in precious metal prices after recent losses.