Pakistan’s bullion market recorded a much-needed recovery in silver on Friday, as prices surged across all categories and decisively reclaimed the psychologically critical Rs. 7,000 per tola mark that had been breached just two days ago, as global precious metals markets staged a broad and convincing rebound.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola jumped by Rs. 190, settling at Rs. 7,079.
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Similarly, the rate of 24-karat silver per 10 grams also surged by Rs. 171, closing at Rs. 6,028, as buying activity returned strongly to the domestic market.
Silver rates in Pakistan on Friday, June 12, 2026:
- Silver, 24K per tola: Rs. 7,079 (+190)
- Silver, 24K per 10 grams: Rs. 6,028 (+171)
In the international market, silver prices also staged a strong recovery, climbing by $1.90 to settle at $66 per ounce as global precious metals markets reversed course and fresh demand returned across the board.
The rebound in global silver markets was swiftly reflected in domestic prices, as buyers stepped back in and traders moved to rebuild positions following the recent stretch of heavy and sustained losses.
With sentiment turning notably more positive and buying activity dominating Friday’s session, silver prices recovered firmly across all categories.
A Decisive Reclaim of the Key Rs. 7,000 Mark
Friday’s recovery is particularly significant because it has pushed domestic silver prices back above the Rs. 7,000 per tola mark, the level that Wednesday’s devastating decline of Rs. 385 per tola had broken through for the first time in several months.
READ: Silver continues to decline in Pakistan as prices slip further below Rs. 6,900 per tola
Thursday’s further fall of Rs. 40 per tola had extended the pain and left prices without a clear floor, making Friday’s bounce all the more welcome.
The recent stretch had been deeply difficult for silver investors. Saturday, June 6, had seen silver crash by Rs. 463 per tola to Rs. 7,267. Monday, June 8, extended losses by Rs. 94 per tola to Rs. 7,173.
Tuesday’s brief recovery of Rs. 141 per tola proved entirely short-lived as Wednesday’s plunge of Rs. 385 per tola broke below Rs. 7,000 decisively.
Thursday’s further slide of Rs. 40 per tola had left prices at Rs. 6,889. Friday’s rebound of Rs. 190 per tola has now lifted prices back above that critical threshold, though only just.
Back Above Rs. 7,000, But the Road Ahead Remains Uncertain
At Rs. 7,079 per tola, domestic silver prices have reclaimed the key Rs. 7,000 mark, which is a positive development for market sentiment.
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However, prices remain dramatically below the all-time highs recorded in early 2026, when domestic rates had traded above Rs. 10,000 per tola and international silver had climbed above $100 per ounce.
With international silver now trading at $66 per ounce following Friday’s recovery, market analysts will be watching closely whether this rebound can be sustained or whether it faces fresh selling pressure in the sessions ahead.
Silver, widely used in industrial sectors including electronics and solar panel manufacturing, remains highly sensitive to shifts in international demand and investor outlook. The metal continues to benefit from long-term structural demand driven by the global shift toward renewable energy, and Friday’s recovery may reflect renewed confidence in those fundamentals.
Market watchers will be closely monitoring whether silver can hold above the key Rs. 7,000 mark in the coming sessions and build on Friday’s recovery, or whether resistance at higher levels brings fresh selling pressure back into play.
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
