Evening Update: Gold Prices in Pakistan – March 5, 2025

As of the close of trading on March 5, 2025, gold prices in Pakistan have experienced a notable increase, reflecting both domestic and international market dynamics. Below is a detailed overview of the current rates and contributing factors.

Today’s Closing Gold Rates in Pakistan

Gold Purity	Price per Tola (PKR)	Price per 10 Grams (PKR)
24 Karat	309,200	265,090
22 Karat	283,407	242,997

Source: UrduPoint

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

International Gold Market Overview

In the international market, gold experienced an increase of $5, reaching $2,921 per ounce. This uptick is influenced by various global economic factors, including currency fluctuations and geopolitical events. A weaker U.S. dollar often makes gold more attractive to investors holding other currencies, thereby increasing demand and driving up prices. Additionally, ongoing geopolitical tensions contribute to the safe-haven appeal of gold, prompting investors to allocate more resources to this precious metal.​samaa.tv+1arynews.tv+1

Factors Influencing Gold Prices Today

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

1. International Market Trends: The increase in global gold prices has a direct impact on local rates. The current surge is partly due to heightened trade tensions and increased demand for safe-haven assets like gold.​
2. Currency Exchange Rates: Fluctuations in the Pakistani Rupee against the U.S. Dollar can influence local gold prices. A depreciating Rupee makes gold more expensive domestically.​
3. Local Demand and Supply: Seasonal demand, especially during wedding seasons and festivals, can drive up gold prices in the local market.​

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 by PKR 2,900​
  • Price per 10 Grams: Increased by PKR 2,488​
• 22 Karat Gold:
  • Price per Tola: Increased proportionally​profit.pakistantoday.com.pk+7sarmaaya.pk+7jbms.pk+7
  • Price per 10 Grams: Increased proportionally​jbms.pk+4hindustantimes.com+4urdupoint.com+4

Source: UrduPoint

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 Daily Forex.