As of the close of trading on March 19, 2025, gold prices in Pakistan have reached a new record high, reflecting significant movements in both domestic and international markets. Investors, jewelers, and consumers should be aware of these developments to make informed decisions. Below is a comprehensive overview of today’s closing gold rates, contributing factors, and insights into market trends.
Today’s Closing Gold Rates in Pakistan
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | 319,850 | 274,220 |
| 22 Karat | 293,194 | 251,367 |
Source: Gold.pk
These rates are provided by the Karachi Sarafa Bazar Association and reflect the latest market conditions.
International Gold Market Overview
In the international market, gold prices have continued their upward trajectory. Spot gold added 0.2% to $3,039.38 an ounce as of 0745 GMT, hitting an all-time peak of $3,045.24 earlier in the session. 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.Gold.pk+2ARY NEWS+2FXStreet+2FXStreet+1ARY NEWS+1
Source: ARY News
Factors Influencing Gold Prices Today
Several key factors have contributed to the current surge in gold prices in Pakistan:
- 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 factors and consumer demand, especially during wedding seasons and festivals, can influence gold prices in the local market. Currently, a balanced demand and supply scenario has contributed to the price stability.
- Economic Indicators: Global economic data, such as employment figures and inflation rates, can impact investor sentiment and, consequently, gold prices. Stable economic indicators have maintained gold’s appeal as a safe-haven asset.
Comparison with Previous Day’s Prices
Compared to the previous day’s closing prices, today’s rates have shown a significant increase:
- 24 Karat Gold:
- Price per Tola: Increased by PKR 5,450, from PKR 314,400 to PKR 319,850.
- Price per 10 Grams: Increased by PKR 4,670, from PKR 269,550 to PKR 274,220.
- 22 Karat Gold:
- Price per Tola: Increased proportionally.
- Price per 10 Grams: Increased proportionally.UrduPoint+6ARY NEWS+6ARY NEWS+6
Source: Gold.pk
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 Gold.pk.
Stay Updated with Daily Forex Pakistan.