The price of 24 karat gold in Pakistan rebounded on Tuesday, rising by Rs. 3,700 per tola to reach Rs. 344,200, up from Rs. 340,500 on the previous trading day, according to the All Pakistan Sarafa Gems and Jewelers Association.

This uptick follows a significant drop on Monday, when gold prices plummeted by Rs. 10,400 per tola in response to a decline in international markets.

The price of 10 grams of 24 karat gold also increased by Rs. 3,173, reaching Rs. 295,096 from Rs. 291,923. Similarly, 10 grams of 22 karat gold rose by Rs. 2,821 to Rs. 270,514 from Rs. 267,693.

Silver prices saw notable gains as well, with per tola silver surging by Rs. 82 to Rs. 3,482, and ten-gram silver rising by Rs. 71 to Rs. 2,985.

In the international market, gold prices climbed by $37 to $3,258, while silver increased by $0.82 to $33.00, reflecting a global recovery in precious metal prices.