Silver prices in Pakistan recorded a slight decline on Monday, following the broader downward trend in precious metals markets.
According to rates released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola dropped by Rs. 37, settling at Rs. 8,894 in the local market.
Visit Times of Karachi website for the latest news-related content
Meanwhile, the price of 24-karat silver per 10 grams decreased by Rs. 31, bringing it to Rs. 7,625. Despite the decline, the drop remained relatively small compared to the steep fall seen in gold prices during the same trading session.
In the international market, silver prices also edged lower, dipping by $0.37 per ounce to $84.10, which contributed to the slight decline in local silver rates.
Follow the Times of Karachi channel on WhatsApp
The Pakistani bullion market closely follows global precious metal prices, with exchange rate fluctuations and international demand influencing local trends.
As a result, movements in global silver and gold prices often have a direct impact on domestic rates.
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
