Silver rate in Pakistan recovered on Friday, with the white metal posting a gain to close the week on a positive note. The 24-karat silver rate rose by Rs. 50, closing at Rs. 6,578 per tola.
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This recovery erases Thursday’s decline, suggesting that buying interest has returned at current levels. The white metal appears to be stabilizing after the recent volatility.
In 10 grams, 24-karat silver increased by Rs. 43 to Rs. 5,639. The gains across both measurements indicate renewed positive sentiment for silver.
The recovery was supported by a positive global backdrop. The international silver price rose by $0.50 to $61.00, recovering from recent lows. This global strength provided a supportive environment for local prices.
Since the late August peak near Rs. 7,329, silver remains below those highs, having lost approximately Rs. 750 per tola during the recent correction.
However, the metal remains above the July lows near Rs. 6,000, and today’s recovery suggests that the white metal may be finding a base at current levels.
A day earlier, Silver rate in Pakistan declined on Thursday, with the white metal extending its recent downward trend into the new month. The 24-karat silver rate fell by Rs. 50, closing at Rs. 6,528 per tola.
This modest decline follows Wednesday’s small gain, suggesting that the white metal continues to face headwinds. The silver market weakness persists amid a challenging global environment.
In 10 grams, 24-karat silver decreased by Rs. 43 to Rs. 5,596. The declines across both measurements indicate continued selling pressure.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
