Karachi, March 10, 2025 – The gold prices in Pakistan remained unchanged on Monday, holding steady at Rs 306,000 per tola as international markets exhibited limited movement.
Investors and traders closely monitored the global economic landscape, awaiting potential catalysts that could drive fluctuations in gold prices.
Gold prices in Pakistan have experienced significant volatility in recent months, reaching a historic high of Rs 309,500 per tola on February 24, 2025. The persistent uncertainty surrounding global economic conditions, inflationary pressures, and currency fluctuations continue to impact the valuation of the precious metal. Analysts suggest that the stability observed in the local market today reflects a temporary pause rather than a definitive trend.
Bullion market experts noted that gold prices in both Pakistan and international markets have been experiencing considerable volatility. Despite today’s stability, investors remain cautious due to potential macroeconomic shifts that could influence gold prices in Pakistan.
In the international market, gold prices remained steady at $2,910 per ounce, with global trading activity showing subdued momentum. Market observers attribute this stagnation to a wait-and-watch approach adopted by investors ahead of key economic data releases. Any significant changes in monetary policies, inflation rates, or geopolitical developments could trigger substantial movements in gold prices, affecting both international and Pakistan’s bullion markets.
The gold market in Pakistan remains highly sensitive to global trends, with fluctuations in the US dollar exchange rate, interest rate policies, and inflationary trends playing a crucial role in determining local gold prices. Given the interconnected nature of global finance, any significant development in major economies could reverberate across Pakistan’s market, influencing investor sentiment and gold prices.
Going forward, traders and market participants in Pakistan will be closely watching international indicators to gauge potential shifts in gold prices. The demand for gold in Pakistan traditionally increases during the wedding season and periods of economic uncertainty, further adding to the price dynamics. As the global economic outlook remains uncertain, gold prices in Pakistan may witness further fluctuations in the coming weeks, making it essential for investors to stay vigilant and well-informed.