The bullish momentum in the local bullion market showed no signs of slowing down on Friday as silver prices extended their recovery for a second straight session.
According to the latest figures released by the All Pakistan Sarafa Gems and Jewellers Association (APGSJA), 24K silver continued its upward trajectory, moving further away from recent lows.
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The price of 24K silver per tola added another Rs. 170, climbing to Rs. 8,574. This follows Thursday’s sharp rally of Rs. 358, marking a cumulative gain of over Rs. 500 in just two trading sessions.
In line with the per-tola increase, the rate for 10 grams of 24K silver also moved higher. It rose by Rs. 145, bringing the new trading price to Rs. 7,350.
Globally, silver gained $1.70, trading at $80.90.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
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A day earlier, 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.
The price of 24K silver per tola climbed by a significant Rs. 358, reaching Rs. 8,404.
