Pakistan Gold Prices Remain Steady Amid Global Uncertainty

Pakistan Gold Prices Remain Steady Amid Global Uncertainty

Karachi, March 26, 2025 – The gold prices in Pakistan remained stable on Wednesday as the global market saw little movement. Investors and traders in Pakistan kept a close watch on international trends, but no major fluctuations were recorded in the local bullion markets.

According to data released by the All Pakistan Sarafa Gems and Jewellers Association, the gold prices of 24-karat per tola stood firm at Rs 317,800. Similarly, the gold prices of 24-karat per 10 grams remained unchanged at Rs 272,462 in Pakistan’s local markets. This stability comes after gold prices in Pakistan surged to an all-time high of Rs 320,800 per tola on March 20, 2025.

Experts in Pakistan’s bullion markets attributed the unchanged gold prices to reduced demand in international markets. As Ramadan nears its end, gold markets in Saudi Arabia and other Gulf countries remained relatively subdued. Additionally, geopolitical tensions in the Middle East have contributed to the volatile nature of global gold prices, keeping investors cautious.

While the gold prices in Pakistan showed no significant movement, international markets also remained steady. The global gold price stood at $3,021 per ounce, reflecting a lack of major buying or selling activity. Market analysts suggest that gold prices may remain range-bound in the coming days unless a significant economic or geopolitical event shifts investor sentiment.

Traders in Pakistan continue to monitor international market signals, including fluctuations in the US dollar, interest rates, and global economic conditions, which have a direct impact on gold prices. Despite the current stability, gold remains a favored investment in Pakistan, particularly in times of economic uncertainty.

As the gold prices in Pakistan remain closely tied to global trends, investors and jewelry buyers are advised to stay updated on market developments. Any shifts in international gold demand or economic policies could influence future gold prices in Pakistan, making it essential for market participants to remain vigilant.