The bullion market saw silver prices stage a modest recovery on Monday, with the white metal bouncing back after weeks of relentless decline. The silver rate in Karachi for 24-karat silver rose by Rs. 107, closing at Rs. 6,177 per tola.
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This marks a welcome pause in the devastating losing streak that had pushed silver to multi-year lows. The gain, while modest, may signal that the silver market rout is finally easing.
In grams, 24-karat silver increased by Rs. 91 to Rs. 5,295. The uptick across both measurements suggests a cautious return of buying interest at current levels.
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Karachi silver prices today, July 20, 2026:
- Silver, 24K per tola: Rs. 6,177 up by Rs. 107
- Silver, 24K per 10 grams: Rs. 5,295 up by Rs. 91
The recovery was supported by a bounce in global markets. The international silver price per ounce rose by $1.07 to $56.98, recovering from its recent lows. This global silver rebound provided a positive cue for local buyers.
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Since its peak above Rs. 10,000 per tola in early March, silver has still lost over Rs. 3,800, representing a correction of more than 38%. The white metal remains highly vulnerable to further selling, though today’s gain may offer some hope that a bottom is forming.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
For daily updates visit our detailed Silver Price in Karachi page
