Rates

Evening Update: Gold Prices in Pakistan – March 11, 2025

As the trading day concludes on March 11, 2025, gold prices in Pakistan have remained stable, mirroring trends in the international market. Below is a comprehensive overview of today’s closing gold rates, contributing factors, and insights into the day’s market trends.


Today’s Closing Gold Rates in Pakistan

Gold PurityPrice per Tola (PKR)Price per 10 Grams (PKR)
24 Karat306,000262,345
22 Karat280,500240,491

Source: ARY News

These rates are provided by the All Pakistan Sarafa Gems and Jewelers Association (APSGJA) and reflect the latest market conditions.​


International Gold Market Overview

In the international market, gold prices have experienced a slight uptick. As of 0701 GMT, spot gold rose 0.4% to $2,901.13 per ounce, while U.S. gold futures firmed 0.2% to $2,905.70. This increase is attributed to a weaker U.S. dollar and declining Treasury yields, which have bolstered the appeal of gold as a safe-haven asset. Investors are also anticipating U.S. inflation data to assess the Federal Reserve’s policy path amid ongoing trade tensions and economic slowdown concerns. ​Reuters


Factors Influencing Gold Prices Today

Several key factors have contributed to the current gold prices in Pakistan:

  1. International Market Trends: The slight increase in global gold prices has a direct impact on local rates. The current stability is partly due to investors awaiting U.S. Consumer Price Index (CPI) data to analyze the Federal Reserve’s interest rate stance. ​Reuters
  2. Currency Exchange Rates: Fluctuations in the Pakistani Rupee against the U.S. Dollar can influence local gold prices. A stable Rupee helps maintain consistent gold prices domestically.​
  3. Local Demand and Supply: Seasonal factors and consumer demand, especially during wedding seasons and festivals, can drive up gold prices in the local market. Currently, a balanced demand and supply scenario has contributed to the price stability.​

Comparison with Previous Day’s Prices

Compared to the previous day’s closing prices, today’s rates have remained stable:​

  • 24 Karat Gold:
    • Price per Tola: Remained unchanged at PKR 306,000.​
    • Price per 10 Grams: Remained unchanged at PKR 262,345.​
  • 22 Karat Gold:
    • Price per Tola: Remained unchanged at PKR 280,500.​
    • Price per 10 Grams: Remained unchanged at PKR 240,491.​ARY News

Source: ARY News


Forecast for the Coming Days

Analysts suggest that gold prices may continue to experience slight fluctuations in the coming days. Factors such as ongoing trade tensions, geopolitical developments, and currency exchange rate movements will play a crucial role in determining the direction of gold prices. Investors and traders are advised to stay informed about these factors and consult with financial experts before making investment decisions.​


Please note that gold prices are subject to rapid changes due to market volatility. Regularly check for the latest rates and seek professional advice when necessary.

For more detailed information and regular updates on gold prices, visit Daily Forex.

Hamza Shah

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