Karachi Silver prices recorded a sharp and powerful recovery on Tuesday, with the metal surging across all categories as global precious metals markets rallied strongly alongside gold, delivering the most convincing single session of gains seen in Pakistan’s silver market in several weeks.
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According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola jumped by Rs. 219, settling at Rs. 6,396.
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The price of 24-karat silver per 10 grams also surged by Rs. 188, settling at Rs. 5,483.
Karachi Silver prices on Tuesday, July 21, 2026:
- Silver, 24K per tola: Rs. 6,396 (+219)
- Silver, 24K per 10 grams: Rs. 5,483 (+188)
International silver prices also bounced back strongly, rising by $2.19 to settle at $59.17 per ounce, recovering a significant portion of the ground lost during the brutal sell-off of recent weeks and pushing global rates back toward the $60 level.
The powerful rebound in international silver rates was reflected in domestic pricing, with Karachi Silver prices today climbing sharply across all categories throughout the session.
After weeks of relentless losses that had pushed the metal to its lowest levels in several months, Tuesday’s recovery offers the most meaningful single-day turnaround seen in the market in a very long time.
Karachi Silver Prices Build on Three Sessions of Recovery
Tuesday’s powerful advance builds on a cautious three-session recovery that had begun on Saturday.
READ: Silver Rate Recovers to Rs 6,177 Across Pakistan
Saturday had seen Karachi Silver prices rise by Rs. 41 per tola to Rs. 6,070, following Friday’s deeply painful fall to Rs. 6,029, a level that had brought the Rs. 6,000 mark within touching distance.
Monday had then added a further gain of Rs. 107 per tola to Rs. 6,177 as international silver rose by $1.07 to $56.98.
Tuesday’s surge of Rs. 219 per tola is by far the strongest of the three recovery sessions and has now pushed Karachi Silver prices back above the Rs. 6,300 level, a meaningful distance away from the lows that had threatened the Rs. 6,000 mark just days ago.
Karachi Silver Prices Approach Rs. 6,400 and Eye Rs. 6,500 Mark
At Rs. 6,396 per tola, Karachi Silver prices today have now moved to their highest level in over a week, sitting just below the Rs. 6,400 mark and closing in on Rs. 6,500 for the first time since the sharp declines of mid-July began to take hold.
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International silver at $59.17 per ounce has also moved back within sight of the $60 level, reflecting an improved but still cautious global picture.
Market Outlook Turns More Positive
Karachi Silver prices today continue to be influenced by global industrial demand, particularly from sectors such as electronics and renewable energy, alongside broader shifts in investor sentiment.
Tuesday’s sharp recovery, coming after three consecutive sessions of gains, is the most encouraging development for Pakistan’s silver market in several weeks and raises genuine questions about whether the broader correction that has dominated July has now run its course.
Traders and investors will be watching closely whether Karachi Silver prices can sustain Tuesday’s momentum in the coming sessions and push back above the Rs. 6,500 mark and eventually toward Rs. 7,000, or whether the recent pattern of short-lived recoveries followed by renewed weakness reasserts itself.
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
