In Pakistan, the price of gold per tola rose by Rs2,400 to reach Rs412,136, according to the All Pakistan Gems and Jewellers Association.

The price of 10 grams of gold also increased by Rs2,058, bringing the new rate to Rs353,340 in the local bullion market.

Meanwhile, gold prices in the international market rose by $24 per ounce to reach $3,896. The latest increase follows a three-day decline in gold prices in both local and international markets.