Gold prices in Pakistan rose on Friday as rates increased in the international market, while silver reached a new all-time high.

In the local market, gold gained Rs. 2,800 per tola to reach Rs. 440,636, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 10-gram gold increased by Rs. 2,401 to Rs. 377,774.

On Thursday, gold prices had remained unchanged at Rs. 437,836 per tola.

In the international market, gold prices increased by $28 to reach $4,181 per ounce.

Silver prices also climbed on Friday, gaining Rs. 108 per tola to reach Rs. 6,256, setting a new all-time high in the local market.