The local bullion market witnessed a remarkable upswing on Thursday as silver prices joined a broader commodities rally, posting substantial gains across all denominations.
According to official data released by the All Pakistan Sarafa Gems and Jewellers Association (APGSJA), 24K silver recorded a sharp increase, moving decisively away from its recent support zone.
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The price of 24K silver per tola climbed by a significant Rs. 358, reaching Rs. 8,404.
This strong upward movement marks a clear departure from the critical Rs. 8,000 support level, where the metal had been hovering in recent sessions.
Silver Prices in Pakistan See Sharp Decline
In tandem with the per-tola increase, the rate for 10 grams of 24K silver also saw a substantial jump. It rose by Rs. 307, bringing the new trading price to Rs. 7,205.
Globally, silver prices jumped by $3.58, trading at $79.20.
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This international uptick provided strong momentum for local rates, as Pakistan’s bullion market typically tracks global trends while adjusting for currency fluctuations and local demand patterns.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
