Gold prices in Pakistan saw a rebound on Monday, mirroring an upward trend in the international market.

After a decline on Saturday, the local gold price per tola rose by Rs500 to settle at Rs242,000.

The 10-gram gold also experienced an increase, trading at Rs207,476, up by Rs429, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The international gold rate climbed on Monday, reaching $2,328 per ounce (with a $20 premium) after gaining $8 during the day.

Silver prices, however, remained stable at Rs2,850 per tola.

It is worth noting that gold prices in Pakistan reached an all-time high of Rs252,200 per tola in April.