Silver prices in Pakistan continued their downward trend on Wednesday, declining for another session and moving further away from the key Rs. 9,000 level.
According to data released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola fell by Rs. 75, settling at Rs. 8,494. Similarly, the rate for 24-karat silver per 10 grams dropped by Rs. 64 to Rs. 7,282.
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Market observers noted that silver has been under consistent pressure in recent sessions, reflecting weaker demand and shifting global trends.
The steady decline highlights a contrast with gold, which has recently entered a phase of stability.
On the international market, silver prices also slipped, falling by $0.75 to reach $80.10 per ounce. The continued drop in global rates has directly impacted local pricing, as Pakistan’s bullion market closely tracks international movements and currency exchange rates.
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All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
Silver prices in Pakistan have been gradually decreasing after earlier highs, influenced by global commodity trends and reduced industrial demand. The ongoing decline indicates that the market has yet to find a stable support level.
For daily updates visit our detailed Silver Price in Karachi page
