Pakistan, Aug. 6 -- Gold prices in Pakistan rose sharply on Wednesday, following a similar trend in the international market. The price of gold per tola increased by Rs1,300, reaching Rs359,300. This rise came after a recent dip, showing renewed strength in the precious metal market.

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price for 10 grams of gold also climbed, gaining Rs1,114 to reach Rs308,041. On the previous day, gold prices had fallen by Rs1,500 per tola, settling at Rs358,000. This recent increase reversed that downward trend.

Globally, gold prices rose by $13 per ounce, reaching $3,366 with an additional premium of $20. This international boost supported the local market gains in Pakist...