Gold prices in Pakistan have increased significantly for the second consecutive day, rising by Rs3,600 per tola.

According to the All Pakistan Gems and Jewellers Association (APGJA), the price of gold now stands at Rs273,500 per tola.

The price of 10 grams of gold has also increased by Rs3,086, reaching Rs234,482.

The APGJA attributed the price hike to an increase in international gold prices, which rose by $36 to $2,623 per ounce. This follows a Rs2,500 increase in gold prices on Monday.