Gold became more expensive in both international and local markets on Monday. In the global bullion market, the price of gold increased by $13 per ounce, reaching $4,015.

As a result, the price of 24-carat gold in Pakistan rose by Rs1,300 per tola, now standing at Rs423,862.

Similarly, the rate for 10 grams of 24-carat gold increased by Rs1,115, reaching Rs363,393 in local markets.

Alongside the rise in gold prices, silver prices also saw an uptick. The rate per tola of silver increased by Rs25 to Rs5,152, while the price for 10 grams went up by Rs22 to Rs4,417.

Spot gold was up 0.5% at $4,020.45 an ounce by 0905 GMT. US gold futures for December delivery rose 0.9% to $4,031.50.

Elsewhere, spot silver rose 0.5% to $48.90 an ounce, platinum climbed 2.2% to $1,601.90 and palladium gaine

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