Silver prices in Pakistan continued their downward trend on Monday, March 23, reflecting declines in both domestic and international markets.
According to data released by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola dropped by Rs. 800, settling at Rs. 6,884.
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Meanwhile, the rate for 24-karat silver per 10 grams decreased by Rs. 686 to Rs. 5,901.
This decline highlights continued selling pressure, keeping silver prices under pressure and indicating weakness in local demand.
Silver Rates in Karachi for Monday, March 23, 2026:
- Silver, 24K per tola: Rs. 6,884 (-800) Decrease
- Silver, 24K per 10 grams: Rs. 5,901 (-686) Decrease
On the international market, silver prices also fell, with the global rate per ounce declining to $64.00, down by $8, further influencing local rates.
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The drop in global prices continues to impact Pakistan’s bullion market, which closely follows international trends and currency fluctuations.
Silver prices in Pakistan remain under pressure after recent highs, with the market showing no signs of stabilization amid persistent global and local pressures.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for 999 purity (24K).
For daily updates visit our detailed Silver Price in Karachi page
