Pakistan, May 21 -- Gold prices witnessed a sharp increase across Pakistan on Thursday, with the price of per tola gold rising by Rs5,000 amid an upward trend in the international bullion market.

Read More: Gold prices decline by Rs 6,800 per tola

According to the All Pakistan Gems and Jewellers Association, the price of one tola of gold climbed to Rs475,362 following the latest increase. The association said gold rates continued to rise in line with fluctuations in global markets and investor demand for safe-haven assets.

The price of 10 grams of gold also recorded a significant jump, increasing by Rs4,287 to reach Rs407,546. Traders said persistent uncertainty in international financial markets and changing geopolitical conditions we...