Gold Prices in Saudi Arabia and Pakistan as of March 15, 2025
Discover the latest gold prices in Saudi Arabia and Pakistan as of March 15, 2025. Explore recent trends, influencing factors, and investment insights in the gold market.
As of March 15, 2025, gold prices have reached significant levels in both Saudi Arabia and Pakistan. Below are the detailed rates for various gold purities in each country.
Gold Rates in Saudi Arabia
| Gold Purity | Price per Ounce (SAR) | Price per Gram (SAR) |
|---|---|---|
| 24 Karat | 11,200 | 360.13 |
| 22 Karat | 10,266 | 330.16 |
| 18 Karat | 8,399.83 | 270.10 |
Source: Exchange-Rates.org
Gold Rates in Pakistan
| Gold Purity | Price per Tola (PKR) | Price per 10 Grams (PKR) | Price per Gram (PKR) |
|---|---|---|---|
| 24 Karat | 315,100 | 270,150 | 27,015 |
| 22 Karat | 288,016.67 | 246,931.67 | 24,693.17 |
Source: Sarmaaya.PK and JBMS.PK
Recent Trends and Influencing Factors
In recent months, gold prices have experienced notable fluctuations influenced by various global and local factors:
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Global Economic Conditions: Economic uncertainties, such as inflation and currency fluctuations, have driven investors toward gold as a safe-haven asset, contributing to rising prices.
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Currency Exchange Rates: Depreciation of local currencies against the US dollar has made gold more expensive in local markets, particularly in Pakistan.
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International Gold Market: Increases in gold prices in the international bullion market have directly impacted local gold rates.
Investing in Gold
For individuals considering investing in gold, it's essential to stay informed about current market trends and factors influencing prices. Both physical gold (jewelry, coins, bars) and financial instruments like gold ETFs offer investment avenues. However, potential investors should assess market conditions and consult financial advisors to make informed decisions.
Conclusion
As of March 15, 2025, gold prices in Saudi Arabia and Pakistan have reached significant levels, reflecting global economic trends and local market dynamics. Staying updated on these trends is crucial for both consumers and investors to make informed decisions regarding gold purchases and investments.
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