The price for 10 grams of gold rose by Rs1,286, with the new rate set at Rs250,171, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

It follows a rise on Thursday, where the price per tola had already increased by Rs1,600, settling at Rs290,300.

Internationally, gold prices also increased on Friday, with the APGJSA reporting a rate of $2,792 per ounce, up by $14 during the day, plus a premium of $20.

Silver prices remained steady at Rs3,300 per tola. Globally, gold prices hit a new high on Friday and were on track for their fifth consecutive weekly gain, as investors turned to the safe-haven asset amid rising concerns over US tariffs, while awaiting a crucial inflation report for further market direction.