Gold prices in Pakistan continued their sharp upward trend on Thursday, gaining another Rs. 9,600 per tola and moving closer to the Rs. 4.5 lac mark.

The price of 24-karat gold rose to Rs. 435,636 per tola, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price of 10 grams also increased by Rs. 8,230 to Rs. 373,487.

Gold had already gained Rs. 13,900 per tola on Wednesday, taking its price to Rs. 426,036. The latest increase brings its cumulative gain over two days to Rs. 23,500.

In the international market, gold prices climbed by $96 to reach $4,131 per ounce.

Silver prices also moved higher in the local market, increasing by Rs. 100 per tola to Rs. 5,763.