Karachi, March 12, 2025 – The gold rates in Pakistan witnessed an upward trend on Wednesday, reaching Rs 306,500 per Tola. This increase was driven by fluctuations in the international bullion markets, reflecting the ongoing volatility in global gold prices.
The gold rates for 24-karat per Tola rose by Rs 500 from the previous day’s closing of Rs 306,000 in local markets. This marks a significant shift after two consecutive days of stability in gold rates across Pakistan. The domestic market had previously recorded an all-time high of Rs 309,500 per Tola on February 24, 2025, signaling strong investor interest in gold as a safe-haven asset.
Similarly, the gold rates for 24-karat per 10 grams also increased, rising by Rs 429 to settle at Rs 262,774, compared to the previous day’s closing of Rs 262,345 in Pakistan’s bullion markets. Analysts believe that these changes are closely linked to movements in the international gold rates, which remain highly responsive to global economic conditions and geopolitical developments.
Market experts noted that gold rates in Pakistan continue to be influenced by external factors, including the shifting demand for safe-haven assets amid international uncertainties. They emphasized that gold remains a preferred choice for investors, especially in times of economic instability.
On the global front, gold rates experienced a slight increase, with prices climbing by $5 to settle at $2,915 per ounce, up from the previous closing of $2,910 per ounce. Experts attributed this rise to persistent geopolitical tensions and fluctuating interest rate expectations in key economies, which have kept gold rates volatile.
Given the current trends, bullion traders in Pakistan anticipate further movements in gold rates depending on international market shifts and domestic economic conditions. With Pakistan’s gold market closely linked to global pricing mechanisms, investors are advised to monitor international developments that may impact gold rates in the coming days.