In the local market, the price of gold per tola gained Rs1,700, clocking in at Rs303,200.

Similarly, 10-gram gold was sold at Rs259,945 after it registered an increase of Rs1,458, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

On Saturday, gold price per tola decreased by Rs4,700 to settle at Rs301,500.

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The international rate of gold increased on Monday. As per APGJSA, the rate was at $2,900 per ounce (with a premium of $20), an increase of $17 during the day.

Meanwhile, silver price remained stable at Rs3,350 per tola.

On Friday, gold price per tola reached all-time high of Rs306,200 in Pakistan.