In local markets, gold prices jumped significantly, with both per tola and 10-gram rates climbing steeply after a steady decline in recent days.

According to market data, the price of gold per tola increased by Rs16,300 to reach Rs464,062.

Meanwhile, the price of 10 grams of gold rose by Rs13,975, bringing it to Rs397,858.

The trend followed in international markets where gold prices climbed by $163 to reach $4,413 per ounce.

It is worth noting that prior to this increase, gold prices had been on a consistent downward trend.

A historic drop of Rs24,300 per tola was recorded on March 19, which was followed by a further decline of Rs8,100 per tola on March 20.

However, Tuesday’s surge has halted the downward momentum, marking a sharp rebound in both international and domestic markets.