Karachi, March 1, 2025 – The gold prices in Pakistan experienced a significant decline of Rs 9,500 per Tola over the past week, following an all-time high of Rs 309,500 recorded on February 24, 2025.
This sharp drop marks a notable shift in the bullion market, impacting traders and investors alike.
The declining trend in gold prices in Pakistan has persisted throughout the week, with further reductions observed on Saturday, March 1, 2025. The price of 24-karat gold per Tola decreased by Rs 500, settling at Rs 300,000 from the previous day’s closing of Rs 300,500 in the domestic markets of Pakistan. Similarly, the price of 24-karat gold per 10 grams fell by Rs 438, concluding at Rs 257,202 compared to the previous day’s closing of Rs 257,639.
According to bullion market analysts, the continuous drop in gold prices in Pakistan is largely attributed to declining trends in the international markets. The global gold prices fell by $6 per ounce, closing at $2,857 compared to the previous day’s rate of $2,863. This international downward movement has directly influenced the local gold prices, causing fluctuations in Pakistan’s bullion market.
Market experts highlight that Pakistan’s gold prices are sensitive to shifts in global demand, currency exchange rates, and investor sentiment. As the international market remains volatile, further adjustments in gold prices in Pakistan could be expected in the coming days. Traders and investors are closely monitoring global cues to determine the future trajectory of gold prices.
With the latest dip, gold buyers and investors in Pakistan are reassessing their strategies, as fluctuations in prices create opportunities for purchasing at lower rates. However, given the unpredictable nature of gold prices, market participants remain cautious about further investments.
The recent decline in gold prices per Tola has sparked discussions among traders regarding potential price rebounds or continued downward trends. The interplay of local and international factors will be crucial in determining the stability of gold prices in Pakistan in the near future.