Pakistan, May 13 -- After a sharp decline of Rs10,400 just a day earlier, gold prices in Pakistan saw a significant rebound on Tuesday. According to the All Pakistan Sarafa Jewellers Association, the price of 24-karat gold per tola increased by Rs3,700, reaching Rs344,200 in local markets.

Likewise, the price for 10 grams of 24-karat gold rose by Rs3,173, settling at Rs295,096. In comparison, 22-karat gold-often used in jewelry-also became Rs2,821 more expensive, now being sold for Rs270,514 per 10 grams.

The upward trend wasn't limited to gold. Silver prices also rose sharply, with 1 tola of silver increasing by Rs82 to reach Rs3,482, and 10 grams gaining Rs71, hitting Rs2,985. These increases are reportedly linked to global market cha...