Rates

Gold Price Update: Closing Rates in Pakistan – March 28, 2025

As of Friday, March 28, 2025, gold prices in Pakistan have experienced a significant increase, reaching new highs. 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 PurityPrice per Tola (PKR)Price per 10 Grams (PKR)Price per Gram (PKR)
24 Karat325,700279,24027,924
22 Karat298,558255,97025,597

Source: Gold.pk

These rates are provided by the Karachi Sarafa Jewellers Association and reflect the latest market conditions.​


International Gold Market Overview

In the international market, gold prices have also seen an upward trend. The price of gold per ounce has increased, influenced by various global economic factors affecting investor sentiment.​


Factors Influencing Gold Prices Today

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

  1. International Market Trends: The significant increase in global gold prices directly impacts local rates. The recent uptrend in international prices has led to a corresponding rise in domestic gold prices.​
  2. Currency Exchange Rates: Fluctuations in the value of the Pakistani Rupee against the U.S. Dollar can significantly affect local gold prices. A weakening Rupee may contribute to higher gold prices domestically.​
  3. Local Demand and Supply: Variations in consumer demand, especially during peak seasons like weddings and festivals, can influence gold prices in the local market. An increase in demand typically leads to higher prices.​
  4. Economic Indicators: Global economic data, such as employment figures and inflation rates, can impact investor sentiment and, consequently, gold prices. Negative economic data may increase gold’s appeal as a safe-haven asset, leading to price increases.​

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 from PKR 319,500 to PKR 325,700.​
    • Price per 10 Grams: Increased from PKR 273,920 to PKR 279,240.​
  • 22 Karat Gold:

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 global economic developments, currency exchange rate movements, and changes in local demand 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 Pakistan.

Hamza Shah

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