Gold Prices Remain Unchanged for Second Day in Pakistan

Gold Prices Remain Unchanged for Second Day in Pakistan

Karachi, March 11, 2025 – The gold prices in Pakistan remained steady for the second consecutive day on Tuesday, mirroring stable trends in the international bullion markets.

Despite fluctuations in global economic conditions, the domestic gold market showed no change in valuation, with traders closely monitoring external factors.

The gold prices for 24-karat per tola remained unchanged at Rs 306,000 in Pakistan’s local markets. Similarly, the gold prices for 24-karat per 10 grams held steady at Rs 262,345. Market analysts noted that the stability in gold prices comes amid a period of cautious trading activity, as investors await further signals from the international gold markets.

The historic peak for gold prices in Pakistan was recorded on February 24, 2025, when rates soared to Rs 309,500 per tola, driven by heightened global demand and economic uncertainties. However, the past two days have seen a lack of movement in gold prices, indicating a momentary pause in price fluctuations.

According to bullion market experts, the unchanged gold prices in Pakistan are directly linked to the stagnant international gold market. As of Tuesday, gold prices in the global markets stood firm at $2,910 per ounce, reflecting stability despite ongoing geopolitical and economic uncertainties. The lack of movement in international gold prices has influenced the local market, keeping gold prices steady across Pakistan.

Traders in Pakistan remain watchful of international trends, as any fluctuations in global gold prices could directly impact local valuations. Economic factors, including currency exchange rates and inflation, also play a critical role in determining gold prices in Pakistan. With inflationary concerns persisting and the rupee’s movement against the dollar under scrutiny, investors are keenly observing gold as a safe-haven asset.

While gold prices have remained static for now, industry analysts predict that any significant shift in global market trends could trigger price movements in Pakistan. For now, local buyers and investors continue to monitor international developments, waiting for potential changes in gold prices that could influence the domestic market.