The price of gold recorded a spike in Pakistan on Monday, with an increase of Rs600 per tola, according to the All-Sindh Sarafa Jewellers Association.

The increase took the price of gold to Rs247,500 per tola across Pakistan.

The price per 10 grams rose by Rs514 to reach Rs210,648.

The price of gold also increased by $5 in the international market to reach $2,355 per ounce.