What is reason behind sudden rise in gold prices in Pakistan?

What is reason behind sudden rise in gold prices in Pakistan?

On the fifth day of the business week, there has been an increase in theprice of gold in the country. After an increase of 2,400 rupees in thelocal market, gold has now reached 190,400 rupees per tola, up from 188,000rupees.

Currency market authorities attribute this increase in demand to theaffordability of gold in the local market.

Additionally, 10 grams of gold have become more expensive at 183,723rupees, up from 182,837 rupees. On the other hand, in the internationalmarket, with a decrease of $3 per ounce, gold is now priced at $1,811.