Karachi: After a three-day streak of declining prices, gold rates in Pakistan have surged once again.

According to the All Pakistan Gems and Jewellers Association, the price of gold per tola has increased by Rs. 1,000, bringing the current rate to Rs. 275,900 per tola.

The rise in gold prices in the international market has driven the local increase. Globally, gold prices rose by $10 per ounce, reaching $2,647.

In Pakistan, this uptick has resulted in an increase of Rs. 1,000 per tola and Rs. 858 for 10 grams of gold.

Following the adjustment, the price of 10 grams of gold in local markets now stands at Rs. 236,540, with the per tola rate at Rs. 275,900.

The surge has drawn attention in local jewelry markets, reflecting broader trends in global bullion trading.