Silver prices in the Karachi bullion market continued their downward trend, with the rate for 24-karat silver declining by Rs. 37 to settle at Rs. 6,679 per tola.
Follow Times of Karachi on Google News and add as a preferred Source on Google
This marks another session of decline for silver, which has been following gold’s downward trajectory amid persistent global market weakness. The silver market slide shows no signs of abating.
Visit Times of Karachi website for the latest news-related content
In grams, 24-karat silver decreased by Rs. 31 to Rs. 5,726. The consistent declines across both per tola and per gram measurements indicate sustained selling pressure in the white metal.
Silver rates in Karachi and Pakistan, July 6, 2026:
- Silver (24K) per Tola: Rs. 6,679 down by Rs 37
- Silver (24K) per 10 Grams: Rs. 5,726 down by Rs 31
- International Gold: $4,150 per ounce down by $24
- International Silver: $62.00 per ounce down by $0.37
The drop was driven by weakness in international markets. The global silver price per ounce fell by $0.37 to $62.00, its lowest level in recent months. This global silver weakness continues to pressure local prices.
Follow the Times of Karachi channel on WhatsApp
Since the peak above Rs. 10,000 per tola in early March, silver has now lost over Rs. 3,300, representing a correction of more than 33%. The white metal’s higher volatility compared to gold has resulted in an even steeper percentage decline from its highs.
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
