Karachi Silver prices today recorded another sharp and convincing recovery on Friday, with the metal climbing strongly across all categories for a second consecutive session and pushing domestic rates well above the Rs. 6,500 per tola mark as global precious metals markets rallied powerfully alongside gold.
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According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola climbed by Rs. 319, settling at Rs. 6,764.
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The price of 24-karat silver per 10 grams also rose by Rs. 274, settling at Rs. 5,799.
Karachi Silver prices today, July 3, 2026:
- Silver, 24K per tola: Rs. 6,764 (+319)
- Silver, 24K per 10 grams: Rs. 5,799 (+274)
International silver prices also surged strongly, climbing by $3.19 to settle at $62.85 per ounce, extending Thursday’s recovery and pushing global rates back above the $60 level in one of the strongest single sessions seen for the metal in recent days.
The powerful rebound in international silver prices was reflected in domestic pricing, with Karachi Silver prices today advancing firmly across all categories throughout Friday’s session.
Back-to-back sessions of meaningful gains have now significantly changed the near-term picture for the metal after a deeply painful stretch of losses.
Karachi Silver Prices Today Extend Thursday’s Recovery
Friday’s strong advance follows Thursday’s gain of Rs. 203 per tola, which had been the strongest positive session for Karachi Silver prices in several days and had pushed prices back toward the Rs. 6,500 mark after they had come dangerously close to Rs. 6,000.
READ: Karachi Silver prices today surge towards the Rs. 6,500-per-tola mark
Together, the two sessions have now added Rs. 522 per tola back to domestic silver prices, a swift and meaningful recovery from the multi-month lows recorded earlier in the week.
The broader context of recent weeks had been one of relentless weakness. Silver had briefly climbed above Rs. 7,500 per tola during a three-session rally in mid-June, only for a series of sharp falls to reverse those gains entirely and push prices to their lowest levels in several months.
Friday’s rate of Rs. 6,764 per tola remains well below those mid-June highs, but the two-session recovery has at least arrested the immediate downward slide and restored a degree of confidence to the market.
Karachi Silver Prices Approach the Rs. 7,000 Mark
At Rs. 6,764 per tola, Karachi Silver prices today have now moved to within reach of the psychologically important Rs. 7,000 mark, the level the market has repeatedly struggled to hold above during the recent volatile stretch.
Whether the recovery can push prices back through that threshold in the coming sessions will be the key test for the metal in the near term.
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International silver at $62.85 per ounce reflects a similarly improved picture, with global prices having now recovered a significant portion of the ground lost over the past several weeks.
Market Outlook Cautiously Improved
Pakistan Silver prices continue to be influenced by global industrial demand, particularly from sectors such as electronics and renewable energy, alongside broader shifts in investor sentiment.
Friday’s strong session, coming on the back of Thursday’s recovery, is an encouraging development, though the market’s recent history of sharp reversals means a degree of caution remains warranted.
Traders and investors will be watching closely whether the Silver prices in Pakistan can build further on Friday’s gains in the coming sessions and push back toward and above the Rs. 7,000 level, or whether fresh headwinds emerge as prices approach that key threshold.
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
