Gold Prices March 2025 Hit Record Highs in Pakistan as Global Market Surges

Gold prices march 2025 in Pakistan have skyrocketed to an all-time high, reflecting the global trend as international bullion prices approach the significant $3,000 per ounce mark.

Gold Prices at Historic Levels

On Monday, the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) reported that the price of gold per tola surged to Rs314,800, marking an increase of Rs1,100. Similarly, 10 grams of gold reached Rs269,890, rising by Rs943 in a single day.

Meanwhile, international gold prices march 2025 hit a record $2,997 per ounce, gaining $13 from the previous day’s rate.

Silver Prices Remain Stable

Unlike gold, silver prices remained unchanged. The price stood at Rs3,530 per tola and Rs3,026 per 10 grams, while international silver rates were stable at $34 per ounce.

Reasons Behind the Gold Price Surge

Several factors are driving this sharp increase in gold prices:
Global Economic Uncertainty – Investors are shifting towards safe-haven assets like gold due to inflation concerns and economic slowdowns.
Strong Demand – Both local and international demand for gold is increasing, pushing prices higher.
Dollar Strength – Fluctuations in the US Dollar impact gold prices, making it a preferred asset for investors.
Geopolitical Tensions – Rising tensions in various regions have contributed to market volatility, influencing gold rates worldwide.

Impact on Pakistani Market

Jewelry Industry: The high prices are affecting jewelers and buyers alike, making gold jewelry expensive and unaffordable for many.
Investment Trends: Investors are closely watching the bullion market as gold remains a strong hedge against inflation.
Silver Demand: Since gold prices are high, some investors may turn to silver as a more affordable alternative.

What to Expect Next?

Experts believe that if the current trends continue, gold might soon cross the psychological barrier of $3,000 per ounce in the global market, further increasing domestic prices.