Gold and silver prices continued their upward trend in international and domestic markets on Saturday, extending gains seen earlier in the week.

In the international bullion market, the price of gold per ounce increased by $71 to $5,108. In Pakistan, one tola of gold gained Rs7,100 to reach Rs533,562, while 10 grams rose by Rs6,087 to Rs457,443.

Silver also recorded gains, with one tola up Rs374 to Rs8,948 and 10 grams up Rs321 to Rs7,671.

Read: SBP injects Rs1.57tr via OMO

In parallel on Friday, the SBP also conducted Shariah-compliant Mudarabah-based OMO injections, accepting the entire offered amount of Rs210.5 billion across both tenors at 10.54%.

Meanwhile, gold prices in Pakistan continued their upward trajectory, tracking gains in the international market where bullion rose after weaker-than-expected US economic growth data and escalating geopolitical tensions between the United States and Iran lifted safe-haven demand.

In the local market, the price of 24-karat gold per tola climbed by Rs2,500 to Rs526,462, according to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). The price of 10 grams increased by Rs2,144 to Rs451,356.

The latest increase follows Thursday's sharp jump of Rs7,900 per tola, when gold had settled at Rs523,962. Silver prices also moved higher, gaining Rs170 to Rs8,574 per tola.

In the international market, spot gold rose 0.8% to $5,039.42 per ounce by 1404 GMT, while US gold futures for April delivery advanced 1.3% to $5,060.10, amid mixed US macroeconomic signals.

Read more: SPI inflation accelerates to 5.19% YoY

Data showed US GDP growth slowed sharply in the fourth quarter, while the Federal Reserve's preferred inflation gauge, the PCE index, came in hotter than expected, reinforcing uncertainty over the interest-rate outlook.

Market participants also remained focused on geopolitical risks after US President Donald Trump issued a 10-day ultimatum to Iran, raising concerns about potential escalation in the Middle East.