Rates

Evening Update: Gold Prices in Pakistan – March 12, 2025

As of the close of trading on March 12, 2025, gold prices in Pakistan have experienced slight fluctuations, reflecting both domestic and international market dynamics. Investors, jewelers, and consumers keen on the gold market should stay informed about these changes to make well-informed decisions. 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 Karat308,500264,490
22 Karat282,766242,447

Source: UrduPoint

These rates are provided by the Karachi Sarafa Bazar Association and reflect the latest market conditions.​urdupoint.com+1gold.pk+1


International Gold Market Overview

In the international market, gold prices have remained relatively stable. The price of gold per ounce is approximately $2,336. This stability is attributed to ongoing global economic indicators and investor sentiment. Gold continues to be viewed as a safe-haven asset, especially during times of economic uncertainty.​

Source: HamariWeb


Factors Influencing Gold Prices Today

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

  1. International Market Trends: Stability in global gold prices directly affects local rates. The current steadiness in international prices has contributed to the stability in domestic gold prices.​
  2. Currency Exchange Rates: The value of the Pakistani Rupee against the U.S. Dollar plays a significant role in determining 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 influence gold prices in the local market. Currently, a balanced demand and supply scenario has contributed to the price stability.​
  4. Economic Indicators: Global economic data, such as employment figures and inflation rates, can impact investor sentiment and, consequently, gold prices. Stable economic indicators have maintained gold’s appeal as a safe-haven asset.​

Comparison with Previous Day’s Prices

Compared to the previous day’s closing prices, today’s rates have shown slight fluctuations:​

  • 24 Karat Gold:
    • Price per Tola: Increased by PKR 2,500, from PKR 306,000 to PKR 308,500.​
    • Price per 10 Grams: Increased by PKR 2,145, from PKR 262,345 to PKR 264,490.​
  • 22 Karat Gold:
    • Price per Tola: Increased proportionally.​
    • Price per 10 Grams: Increased proportionally.​

Source: UrduPoint


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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