Pakistan, July 23 -- The prices of gold witnessed a significant increase in the local market on Wednesday, with 24-karat gold per tola gaining Rs4,600 to settle at Rs433,836, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs3,944 to Rs371,944, whereas 10 grams of 22-karat gold rose by Rs3,615 to Rs340,961. In the international market, the price of gold increased by $46 to $4,114 per ounce. Meanwhile, the price of silver per tola increased by Rs7 to Rs6,403, while the price of 10 grams of silver rose by Rs6 to Rs5,489. The price of silver in the international market also increased by $0.07 to $59.24 per ounce, the association reported.

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