Silver prices in Pakistan saw a significant decline today, March 3, following yesterday’s record highs.
The price of 24-karat silver per tola dropped by Rs. 1,146, settling at Rs. 8,904.
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Similarly, 24-karat silver per 10 grams fell to Rs. 7,633, down by Rs. 983 compared to yesterday’s rates.
This sharp correction comes after silver briefly crossed the Rs. 10,000 per tola milestone, highlighting the volatility in the precious metals market.
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The international silver price also dipped, falling by $11.46 to $84.20 per ounce, which contributed to the drop in local rates.
Analysts noted that fluctuations in global markets, combined with profit-taking by investors, led to today’s decline.
Despite the fall, silver remains a popular choice for traders and investors, particularly as global economic uncertainties continue to drive interest in precious metals as safe-haven assets.
For daily updates visit our detailed Silver Price in Karachi page
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for 24K purity (999).
