Silver prices in Pakistan recorded a positive session on Tuesday, climbing across all categories as global precious metals markets edged higher, providing a welcome boost to domestic silver rates.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola increased by Rs. 94, settling at Rs. 8,153.
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Similarly, the rate of 24-karat silver per 10 grams also rose by Rs. 80, closing at Rs. 6,989, as buying activity picked up across the domestic market during the session.
Silver rates in Pakistan on Tuesday, June 2, 2026:
- Silver, 24K per tola: Rs. 8,153 (+94)
- Silver, 24K per 10 grams: Rs. 6,989 (+80)
In the international market, silver prices also recorded a gain, rising by $0.94 to settle at $76.69 per ounce as global precious metals markets moved higher during the session.
The uptick in global silver markets was reflected in domestic prices, as traders and investors returned with renewed confidence following the recent volatile sessions.
With fresh buying interest emerging across the market, activity picked up noticeably throughout the day.
A Volatile Few Sessions
Tuesday’s recovery comes after a good session on Monday, June 1, when silver prices had edged higher by Rs. 46 per tola to settle at Rs. 8,059. International silver had also risen by $0.46 to settle at $75.75 per ounce on that day.
READ: Silver Prices Rise Slightly in Pakistan on June 1, 2026
Prior to that, silver had slipped on Saturday, May 30, when prices had declined by Rs. 21 per tola to settle at Rs. 8,013 as global precious metals markets edged lower. International silver had also settled at $75.29 per ounce on that day.
The previous Friday had seen silver slip by Rs. 83 per tola as domestic markets reopened cautiously after the Eid ul Adha holiday period.
Below All-Time High Levels
Despite Tuesday’s recovery, silver prices in Pakistan remain significantly below their all-time highs. The metal had previously traded above Rs. 10,000 per tola in early 2026, when international silver prices climbed above $100 per ounce, reflecting strong global demand and bullish investor sentiment at the time.
The current price of Rs. 8,153 per tola, while well below that peak, continues to reflect a broadly supported market. With international silver now trading at $76.69 per ounce and showing upward momentum, market analysts will be watching closely whether this recovery can be sustained in the sessions ahead.
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Silver, widely used in industrial sectors including electronics and solar panel manufacturing, remains highly sensitive to shifts in international demand and investor outlook. The metal continues to benefit from growing industrial demand and a global shift toward renewable energy, which has significantly increased the use of silver in solar panel production.
Market watchers will be closely monitoring international developments in the coming sessions to gauge whether silver can push toward higher levels or faces another round of consolidation at current levels.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for 999 purity (24K).
For daily updates visit our detailed Silver Price in Karachi page
