Rates

Evening Update: Gold Prices in Pakistan – March 6, 2025

As of the close of trading on March 6, 2025, gold prices in Pakistan have experienced notable fluctuations, 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 PurityPrice per Tola (PKR)Price per 10 Grams (PKR)
24 Karat307,500263,630
22 Karat281,875241,661

Source: Gold Price History in Pakistan 2025 – Exchange Ratesexchange-rates.org

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 is currently trading at approximately $1,800 per ounce, reflecting a slight increase due to a weaker U.S. dollar. Investors are awaiting the U.S. non-farm payrolls data scheduled for release on Friday, which could provide insights into the Federal Reserve’s future interest rate decisions.​

Analysts from Goldman Sachs have projected that gold prices could reach $3,000 per ounce by the end of 2025, driven by expected interest rate cuts and increased central bank purchases.​

Factors Influencing Gold Prices Today

Several key factors have contributed to the current 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 shown slight fluctuations:​

  • 24 Karat Gold:
    • Price per Tola: Decreased by PKR 1,700​
    • Price per 10 Grams: Decreased by PKR 1,460​
  • 22 Karat Gold:
    • Price per Tola: Decreased proportionally​
    • Price per 10 Grams: Decreased proportionally​

Source: Gold Price History in Pakistan 2025 – Exchange Ratesexchange-rates.org

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.

Hamza Shah

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