Evening Update: Gold Prices in Pakistan – March 3, 2025

As of the close of trading on March 3, 2025, gold prices in Pakistan have experienced a modest increase compared to the previous day. The current rates are as follows:

Gold Purity	Price per Tola (PKR)	Price per 10 Grams (PKR)
24 Karat	306,200	262,520
22 Karat	280,683	240,643

Source: Sarmaaya.pk​

In the international market, gold is currently trading at approximately $2,871.00 per ounce. ​finance.yahoo.com

Market Analysis

The upward trend in gold prices today can be attributed to several factors:​

• Weaker U.S. Dollar: The dollar index fell by 0.4%, making gold less expensive for holders of other currencies, thereby boosting demand.​reuters.com
• Geopolitical Uncertainties: Delays in the anticipated peace deal between Ukraine and Russia have increased safe-haven demand for gold.​reuters.com
• U.S. Trade Policies: Concerns over U.S. tariff policies, including potential tariffs on Canada, Mexico, and China, have added to market volatility, prompting investors to seek refuge in gold.​reuters.com

Comparison with Previous Day’s Prices

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

• 24 Karat Gold:
  • Price per Tola: Increased from PKR 305,200 to PKR 306,200​fxstreet.com+6sarmaaya.pk+6tradingeconomics.com+6
  • Price per 10 Grams: Increased from PKR 261,660 to PKR 262,520​sarmaaya.pk
• 22 Karat Gold:
  • Price per Tola: Increased from PKR 279,767 to PKR 280,683​sarmaaya.pk
  • Price per 10 Grams: Increased from PKR 239,855 to PKR 240,643​

International Market Overview

The international gold market has also seen positive movements:​arynews.tv+3en.dailypakistan.com.pk+3tribune.com.pk+3

• Spot Gold: Increased by 0.3% to $2,866.19 per ounce.​reuters.com
• U.S. Gold Futures: Rose by 1% to $2,875.80 per ounce.​reuters.com

Source: Reuters​

Forecast for the Coming Days

Analysts suggest that gold prices may continue to experience minor fluctuations in the coming days. Factors such as upcoming economic data releases, 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.