Karachi, March 15, 2025 – The gold prices in Pakistan witnessed a slight decline on Saturday after reaching an all-time high just a day earlier. The fluctuations in gold prices reflect ongoing volatility in both domestic and international markets.
In the local markets of Pakistan, the price of 24-karat gold per tola dropped by Rs 300, closing at Rs 313,700. This marks a minor retreat from the record high of Rs 314,000 per tola recorded a day prior. Similarly, the price of 24-karat gold per 10 grams fell by Rs 257, settling at Rs 268,947 compared to the previous day’s closing rate of Rs 269,204.
Market analysts and bullion experts have attributed the decline in gold prices in Pakistan to fluctuations in international gold markets. Global gold prices have remained highly volatile due to ongoing geopolitical tensions and shifting economic indicators. The price of gold in the international markets also fell by $4, closing at $2,984 per ounce, down from the previous day’s rate of $2,988 per ounce.
Experts believe that gold prices in Pakistan are heavily influenced by global economic conditions, as well as fluctuations in the value of the Pakistani Rupee against the US Dollar. The recent dip in gold prices comes after a sustained rally driven by increased demand for safe-haven assets amid economic uncertainty.
Despite the temporary drop, investors in Pakistan continue to closely monitor gold prices, given the metal’s historical role as a hedge against inflation and currency devaluation. Many traders expect gold prices in Pakistan to remain sensitive to international market movements, particularly as central banks worldwide adjust monetary policies in response to economic challenges.
The local bullion markets in Pakistan remain active, with traders anticipating further fluctuations in gold prices in the coming days. As uncertainty persists in global financial markets, gold prices are expected to react accordingly, keeping investors vigilant about future trends.
For now, the gold market in Pakistan remains a focal point for investors and traders, as prices continue to experience dynamic shifts influenced by both domestic and international factors.