Islamabad: Gold prices increased in the local market on Wednesday, with the price of 24-karat gold rising by Rs4,300 per tola to Rs441,636, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association.

The price of 10 grams of 24-karat gold increased by Rs3,686 to Rs378,631, while 10 grams of 22-karat gold rose by Rs3,379 to Rs347,091.

In the international market, gold prices climbed by $43 to $4,191 per ounce, the association reported.

Meanwhile, the price of silver increased by Rs20 per tola to Rs6,578, while the price of 10 grams of silver rose by Rs17 to Rs5,639.

Internationally, silver prices also increased by $0.20 to $61 per ounce, the association added.