Pakistan, March 17 -- Gold prices recorded a modest increase across Pakistan bullion markets, reflecting a similar upward trend in the international market.

According to the All Pakistan Gems and Jewellers Association, the price of gold per tola rose by Rs1,000, reaching Rs523,762. Meanwhile, the price of 10 grams of gold increased by Rs857 to settle at Rs449,041.

Market analysts attribute the rise in local gold prices to fluctuations in global rates as well as currency movements. The increase comes amid continued uncertainty in international markets, where investors often turn to gold as a safe-haven asset.

In the global market, gold prices also witnessed a slight uptick. The price per ounce increased by $10, reaching $5,010. The upwa...