Gold prices showed a strong upward trend in both the international and local markets on Friday, as per the report.
According to Gems and Jewellers Associations, the global gold price rose by $57 to reach $4,379 per ounce.
In Pakistan, the price of one tola of gold increased by Rs5,700 to Rs460,262, while the rate for 10 grams went up by Rs4,887 to Rs394,600. Silver prices also moved higher, with one tola gaining Rs227 to settle at Rs7,862.
A day earlier on Thursday, which marked the first day of the new year, both gold and silver prices had witnessed a decline.