Gold Price in Pakistan Today – March 3, 2025 (Morning Update)

As of March 3, 2025, gold prices in Pakistan have experienced fluctuations influenced by both domestic and international market dynamics. Investors and consumers are keenly observing these changes to make informed decisions regarding gold purchases and investments. Below is a detailed overview of today’s gold rates and the factors influencing them.​

Today’s Gold Rates in Pakistan

Gold Purity	Price per Tola (PKR)	Price per 10 Grams (PKR)
24 Karat	305,200	261,660
22 Karat	279,767	239,855

Source: Sarafa Jewelers Association ​sarmaaya.pk+1longforecast.com+1

These rates are subject to change based on market conditions and are influenced by various factors, including international gold prices, currency exchange rates, and local demand and supply dynamics.​

International Gold Market Overview

In the international market, gold is currently trading at approximately $2,866.19 per ounce. This slight increase is attributed to a weaker U.S. dollar and uncertainties surrounding geopolitical events, such as the ongoing situation in Ukraine. A weaker dollar typically makes gold more affordable for holders of other currencies, thereby boosting demand. ​reuters.com+1usagold.com+1

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 are impacting gold prices in Pakistan today:

1. Currency Exchange Rates: The value of the Pakistani Rupee against the U.S. Dollar plays a significant role in determining local gold prices. A stronger Rupee can lead to lower gold prices domestically, while a weaker Rupee can make gold more expensive.​
2. International Market Trends: Fluctuations in global gold prices directly affect local rates. Current geopolitical tensions and economic policies are contributing to the volatility in gold prices.​
3. 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.​

Comparison with Previous Day’s Prices

Comparing today’s rates with the previous day’s closing prices:​

• 24 Karat Gold:
  • Price per Tola: Increased from PKR 303,300 to PKR 305,200​
  • Price per 10 Grams: Increased from PKR 259,773 to PKR 261,660​ urdupoint.com
• 22 Karat Gold:
  • Price per Tola: Increased from PKR 277,750 to PKR 279,767​
  • Price per 10 Grams: Increased from PKR 238,100 to PKR 239,855​

This upward movement reflects the influence of international market trends and currency fluctuations on local gold prices.​

Expectations for the Day Ahead

Market analysts anticipate that gold prices may experience slight volatility throughout the day due to ongoing geopolitical developments and economic data releases. 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 volatility, 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 Daily Forex.