February 28, 2025 | Daily Forex Pakistan
As of the close of trading on February 28, 2025, gold prices in Pakistan have experienced a decline compared to the previous day. The current rates are as follows:
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) |
|---|---|---|
| 24 Karat | 303,300 | 259,773 |
| 22 Karat | 277,750 | 238,100 |
These rates are provided by the All-Pakistan Gems and Jewellers Sarafa Association and reflect the latest market conditions.
In the international market, gold is currently trading at $2,862.33 per ounce, showing a decrease from the previous day’s $2,876.55 per ounce.
The downward trend in gold prices today can be attributed to a combination of factors, including a strengthening Pakistani Rupee against the US Dollar and a decline in international gold prices. Investors are exhibiting caution due to global economic uncertainties, leading to reduced demand for safe-haven assets like gold.
Looking ahead, market analysts suggest that gold prices may continue to experience minor fluctuations. Factors such as upcoming economic data releases, geopolitical developments, and currency exchange rate movements will play a crucial role in determining the direction of gold price. It is advisable for investors and traders to stay informed about these factors and consult with financial experts before making investment decisions.
Please note that gold price 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.