Karachi, March 21, 2025 – The gold prices in Pakistan witnessed a decline on Friday, slipping by Rs 2,000 from their all-time high levels. The drop in gold prices comes as the local market reacts to fluctuations in the international bullion market.
The gold prices of 24-karat per tola in Pakistan fell to Rs 318,800, down from the previous day’s closing of Rs 320,800, which was the highest level recorded in the domestic market. Similarly, the gold prices of 24-karat per 10 grams also saw a decrease of Rs 1,712, bringing the price down to Rs 273,319 from Rs 275,034 in the local markets.
According to bullion market analysts, Pakistan’s gold prices have been influenced by the recent trends in the global gold market. They noted that the ongoing geopolitical tensions have contributed to significant volatility in gold prices, leading to fluctuations in demand and supply. The impact of international gold prices on Pakistan’s market remains evident, as local traders and investors closely follow global trends.
In the international markets, gold prices recorded a decline of $19 per ounce, settling at $3,031 from the previous day’s closing of $3,050. This decrease in global gold prices has had a direct impact on Pakistan’s domestic market, leading to the recent price adjustments.
Experts also highlighted that despite the current drop, gold prices in Pakistan remain at historically high levels. Many investors continue to see gold as a safe-haven asset amid economic uncertainties, further influencing the market dynamics. They advised gold buyers in Pakistan to stay updated on market trends and fluctuations before making investment decisions.
As Pakistan’s gold market remains sensitive to international price movements, traders and consumers are keeping a close watch on further developments. With gold prices constantly shifting, the situation remains dynamic, requiring careful consideration for those involved in gold trading or investment in Pakistan.