As of March 20, 2025, gold prices in Pakistan have reached new record highs, reflecting significant movements in both domestic and international markets. 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 gold rates, recent trends, and factors influencing the market.
Today’s Gold Rates in Pakistan (Opening Prices)
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | 319,700 | 274,100 |
| 22 Karat | 293,041 | 251,257 |
Source: UrduPoint
These rates are provided by the All Pakistan Sarafa Gems and Jewelers Association (APSGJA) and are subject to market fluctuations.
International Gold Market Overview
In the international market, gold prices have continued their upward trajectory. The price of gold per ounce increased by $16, reaching $3,038. This rise is attributed to rising Middle East tensions and concerns about U.S. President Donald Trump’s tariff plans, which have fueled demand for the safe-haven asset.Nation+1Samaa TV+1
Source: ARY News
Factors Influencing Gold Prices Today
Several key factors are impacting gold prices in Pakistan today:
- International Market Trends: The significant increase in global gold prices directly impacts 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 demand, especially during wedding seasons and festivals, can influence gold prices in the local market. An increase in demand typically drives prices up, while a decrease can lead to lower prices.
- Economic Indicators: Global economic data, such as employment figures and inflation rates, can impact investor sentiment and, consequently, gold prices. Positive economic data may reduce gold’s appeal as a safe-haven asset, leading to price declines, while negative data can have the opposite effect.
Comparison with Previous Day’s Prices
Comparing today’s rates with the previous day’s closing prices:
- 24 Karat Gold:
- Price per Tola: Increased by PKR 1,650, from PKR 317,350 to PKR 319,000.
- Price per 10 Grams: Increased by PKR 1,415, from PKR 272,076 to PKR 273,491.Nation
- 22 Karat Gold:
- Price per Tola: Increased proportionally.
- Price per 10 Grams: Increased proportionally.
Source: The Nation
Expectations for the Day Ahead
Market analysts anticipate that gold prices may continue to rise throughout the day due to ongoing global economic developments and geopolitical tensions. Investors are advised to monitor these factors closely, as they can significantly impact gold prices.
Investment Considerations
For individuals considering investing in gold:
- Diversification: Gold can serve as a hedge against inflation and currency fluctuations, making it a valuable addition to a diversified investment portfolio.
- Market Timing: Given the current upward trend, potential investors should carefully assess market conditions and consider consulting financial advisors before making significant investments in gold.
- Long-Term Perspective: While short-term fluctuations are common, gold has historically maintained its value over the long term.
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 UrduPoint.