Following a slight decline a day earlier, the gold price in Pakistan witnessed a massive increase on Friday.
According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-karat gold per tola rose by Rs5,300, reaching Rs424,162 in the local market.
The rate for 10 grams of 24-karat gold stood at Rs363,650, reflecting an increase of Rs4,544, while 10 grams of 22-karat gold climbed to Rs333,357, showing a gain of Rs4,057.
Global gold prices rise
In the international market, gold prices increased by $53, reaching $4,018 per ounce. The rise in global prices is attributed to renewed investor interest amid economic uncertainty and currency fluctuations.
Also Read: Gold price in Pakistan falls again: Oct 30, 2025
Market analysts said the appreciation of the US dollar and shifting interest rate expectations have pushed investors towards safe-haven assets like gold.
Silver prices also see hike
Silver price in Pakistan also followed the same trend. The rate of 24-karat silver per tola witnessed a hike of Rs158 to reach Rs5,192, while 10 grams of silver were being sold for Rs4,451.
