Silver prices in Pakistan recorded a sharp increase, with the rate of 24-karat silver per tola rising by Rs460 to reach Rs9,354 in the local bullion market.
According to market data, the price of 24-karat silver per 10 grams increased by Rs394, bringing the new rate to Rs8,019. Bullion traders say silver showed the strongest performance among precious metals in recent sessions.
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The sharp rise marks one of the largest single-day gains in weeks, reflecting growing interest from investors and industrial buyers.
The increase in domestic prices also followed a significant rise in international markets. Globally, silver prices climbed by $4.60, reaching $88.70 per ounce.
Silver Prices Decline Slightly in Pakistan as Global Rates Slip
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
Pakistan’s precious metals market closely follows international trends, especially movements in gold and silver prices. Changes in the global market, currency exchange rates, and investor demand often cause daily fluctuations in local bullion rates.
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Silver is widely used not only as an investment metal but also in industries such as electronics, solar panels, and jewelry manufacturing.
For daily updates visit our detailed Silver Price in Karachi page
