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Silver prices post back-to-back gains in Pakistan as recovery gathers pace

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Silver prices continue rising for second consecutive session in Pakistan
Strong buying pushes silver further above key Rs. 7,000 level
Global recovery and demand boost domestic silver market sentiment further
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Pakistan’s bullion market recorded a second straight session of gains in silver on Saturday, as prices continued to advance across all categories, building convincingly on Friday’s recovery and pushing domestic rates further above the key Rs. 7,000 per tola mark as global precious metals markets maintained their positive tone.

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola rose by Rs. 200, settling at Rs. 7,279.

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Similarly, the rate of 24-karat silver per 10 grams also climbed by Rs. 171, closing at Rs. 6,199, as buying activity continued to dominate the domestic market for a second consecutive session.

Silver rates in Pakistan on Saturday, June 13, 2026:

  • Silver, 24K per tola: Rs. 7,279 (+200)
  • Silver, 24K per 10 grams: Rs. 6,199 (+171)

In the international market, silver prices also continued their upward march, rising by $2 to settle at $68 per ounce as global precious metals markets extended Friday’s recovery and buying momentum remained intact.

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The continued strength in global silver markets was swiftly reflected in domestic prices, as buyers remained active and confidence continued to build following the sharp and painful losses recorded earlier in the week.

With buying activity dominating Saturday’s session for the second day running, silver prices advanced firmly across all categories.

Two Straight Sessions of Gains Consolidate Recovery

Saturday’s advance follows Friday’s important rebound of Rs. 190 per tola, which had pushed domestic silver prices back above the psychologically critical Rs. 7,000 mark after Wednesday’s devastating collapse of Rs. 385 per tola had broken through that level for the first time in several months.

READ: Silver bounces back in Pakistan as prices reclaim key Rs. 7,000 mark

Together, the two recovery sessions have now added Rs. 390 per tola back to domestic silver prices, restoring a degree of confidence to a market that had been severely battered.

The preceding stretch had been deeply difficult for silver investors. Saturday June 6 had seen silver crash by Rs. 463 per tola to Rs. 7,267. Monday June 8 extended those losses by Rs. 94 per tola to Rs. 7,173.

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Tuesday’s brief recovery proved entirely short-lived as Wednesday’s plunge of Rs. 385 per tola broke below Rs. 7,000 decisively.

Thursday’s further slide of Rs. 40 per tola had left prices at Rs. 6,889, their lowest levels in several months.

The back-to-back gains over Friday and Saturday have now lifted prices meaningfully off those lows.

Prices Build a Cushion Above Rs. 7,000

At Rs. 7,279 per tola, domestic silver prices have now moved a more comfortable distance above the key Rs. 7,000 mark, which is an encouraging development for market sentiment.

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The ability to hold and build above this level over two consecutive sessions suggests the worst of the selling pressure may have passed, at least in the near term.

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However, prices remain well below the all-time highs recorded in early 2026, when domestic rates had traded above Rs. 10,000 per tola and international silver had climbed above $100 per ounce. With international silver now trading at $68 per ounce following Saturday’s gains, market analysts will be watching closely whether this recovery can gather further momentum or faces fresh resistance at higher levels.

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 long-term structural demand driven by the global shift toward renewable energy, and the back-to-back recovery sessions may reflect renewed confidence in those fundamentals.

Market watchers will be closely monitoring whether silver can sustain its momentum above the Rs. 7,000 mark heading into next week and continue building on the current recovery, or whether fresh selling pressure emerges as prices push higher.

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

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