KARACHI – Gold prices in Pakistan witnessed a sharp rise on Wednesday as a strong rally in international markets pushed domestic bullion rates significantly higher. The price of gold increased by Rs10,000 per tola, reaching Rs437,936 in the local market. Gold Rates in PakistanCategory New Price Gold (Per Tola) Rs437,936 Gold (10 Grams) Rs375,459 Silver (Per Tola) Rs6,624 International Gold Rate (Per Ounce) $4,155 International Gold Premium $20The latest increase came after gold prices had declined slightly on Tuesday, when the rate of gold per tola dropped by Rs500 to settle at Rs427,936. The price of silver increased by Rs273 per tola, reaching Rs6,624 per tola. Gold Rates in LahoreIn Lahore, gold rates were reported as follows: