As of the close of trading on March 13, 2025, gold prices in Pakistan have experienced a notable increase, 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 Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
---|---|---|
24 Karat | 309,300 | 265,174 |
22 Karat | 283,500 | 243,085 |
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 surged to near-record levels. The price of gold per ounce increased by $27, reaching $2,942. This rise is attributed to increased demand for safe-haven assets amid global economic uncertainties and trade tensions. Gold continues to be viewed as a secure investment, especially during times of economic instability.samaa.tv+1arynews.tv+1
Source: Samaa TV
Factors Influencing Gold Prices Today
Several key factors have contributed to the current gold prices in Pakistan:
- International Market Trends: The significant increase in global gold prices has a direct impact on local rates. The current surge in international prices has contributed to the rise in domestic gold prices.
- 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.
- 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.
- 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 a significant increase:
- 24 Karat Gold:
- Price per Tola: Increased by PKR 2,800, from PKR 306,500 to PKR 309,300.ProPakistani+1arynews.tv+1
- Price per 10 Grams: Increased by PKR 2,400, from PKR 262,774 to PKR 265,174.arynews.tv+1samaa.tv+1
- 22 Karat Gold:
- Price per Tola: Increased proportionally.
- Price per 10 Grams: Increased proportionally.
Source: ARY News
Forecast for the Coming Days
Analysts suggest that gold prices may continue to experience 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 Samaa TV.samaa.tv