Gold price in Pakistan remained unchanged on Monday, with 24-karat gold being sold at Rs306,000 per tola, according to the latest rates from the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). This stability comes as global gold prices see minor fluctuations amid economic uncertainties.
Key Highlights for Gold Price
- 24-Karat Gold: Rs306,000 per tola (unchanged from the previous session).
- 24-Karat Gold (10 grams): Rs262,345 (no change from the last session).
- 22-Karat Gold (10 grams): Rs240,491.
- Silver Prices: 24-karat silver stood firm at Rs3,388 per tola and Rs2,904 per 10 grams.
Gold Market Trends & Overview
The price stability in the local gold market aligns with broader global trends. Internationally, spot gold traded near $2,904 an ounce, marking a decline of $12.1 or 0.42% from the previous session. The global gold market trends remain influenced by various economic factors, including inflation data, interest rate speculations, and geopolitical uncertainties. Gold price in Pakistan continues to reflect these global movements, maintaining a stable outlook for local investors.
Technical Analysis & Market Sentiment
Gold prices have been holding steady due to a stronger U.S. dollar, which often limits upward movement in gold rates. However, safe-haven demand continues to support gold’s overall value amid concerns about ongoing trade disputes and market volatility. Traders are closely watching the Federal Reserve’s next move regarding interest rates, as any changes could impact gold’s short-term price trends.
Historical Price Trends (PKR per tola)
| Date | Gold (24K) | Silver (24K) |
|---|---|---|
| March 10, 2025 | Rs306,000 | Rs3,388 |
| March 08, 2025 | Rs306,000 | Rs3,388 |
| 1-Month Change | +Rs2,900 | +Rs76 |
| FYTD Change | +Rs64,300 | +Rs538 |
| CYTD Change | +Rs33,400 | +Rs38 |
Future Outlook
Market analysts predict that gold prices could see fluctuations based on upcoming inflation reports and central bank decisions. If inflation remains high, gold may attract increased investment as a hedge against economic instability. On the other hand, any signs of monetary tightening by the Federal Reserve could weigh on gold’s appeal.
For more updates on gold price trends, visit Daily Gold Signal. For in-depth market reports, check out our Daily Gold Update.
