Gold prices in Pakistan surged to a historic peak on Thursday, as reported by the All Pakistan Sarafa Gems and Jewelers Association.
The price of 24-karat gold per tola rose by Rs3,200, reaching Rs321,000, compared to Rs317,800 the previous day.
Similarly, the cost of 10 grams of 24-karat gold increased by Rs2,743, moving from Rs272,462 to Rs275,205. Meanwhile, 10 grams of 22-karat gold saw a rise of Rs2,515, jumping from Rs249,765 to Rs252,280.
Silver prices also saw an upward trend, with the cost of per tola silver increasing by Rs105, bringing it to Rs3,580. The price of 10 grams of silver climbed by Rs90 to Rs3,069.
In the international markets, the price of gold rose by $31, moving from $3,021 to $3,052, while silver gained $1, reaching $34.10.
On the other hand, the 24-karat gold prices in Saudi Arabia dropped, reaching 4,237 Saudi Riyals (SAR) per tola as of March 27, 2025. Additionally, the price of 10 grams of 24-karat gold in Saudi Arabia was reported at SAR 3,636, and the price for an ounce of gold was 11,31The 1 in Saudi Riyals.
Gold prices are subject to fluctuations in the global market, including those specific to regions such as Saudi Arabia. The latest updates were recorded at 10:00 am on March 27, 2025.
Gold as a Safe-Haven Investment
Gold has long been a precious and highly valued asset, playing an essential role in the global economy. Its appeal is driven by its scarcity, longevity, and universal recognition as a store of value.
Often regarded as a safe-haven investment, gold is used to safeguard wealth during times of economic uncertainty.
Governments, central banks, and investors maintain substantial gold reserves to diversify their portfolios and protect against inflation and currency devaluation.
Various factors influence the price of gold, including geopolitical tensions and concerns over recessions. Which can drive prices higher due to its reputation as a safe asset.
As a non-yielding commodity, gold increases in value when interest rates are low. This affects the gold price trend March 2025. Rising borrowing costs usually hurt the precious metal.
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