Gold prices in Pakistan surged on Tuesday, tracking gains in the international market.

In the local market, the price of gold per tola rose by Rs4,600 to reach Rs499,962.

Similarly, the rate for 10 grams increased by Rs3,943 to Rs428,636, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The increase follows a decline a day earlier, when gold had fallen by Rs1,600 per tola to settle at Rs495,362.

Globally, gold prices climbed by $46 to $4,776 per ounce, including a $20 premium, supporting the upward trend in domestic rates.

Meanwhile, silver prices also recorded a notable increase, rising by Rs326 to Rs8,260 per tola.