Silver prices in Pakistan continued their upward trend, crossing a key milestone on the local market. The price of 24K silver per tola increased by Rs. 146 to reach Rs. 9,094, moving above the important Rs. 9,000 level for the first time in recent sessions.
Similarly, the price of 24K silver per 10 grams rose by Rs. 125, settling at Rs. 7,796. The steady increase reflects strong demand and broader strength in precious metals.
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In the international market, silver prices also recorded gains. The metal climbed by $1.46 to reach $86.10 per ounce, supporting the upward movement seen in local rates.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
Silver had been trading below the Rs. 9,000 per tola mark in recent weeks. Breaking this psychological barrier is seen as a sign of strong bullish momentum in the precious metals market.
Traders are now closely watching global trends to see whether the rally will continue in the coming days.
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A day earlier, the silver rates in Pakistan witnessed a strong surge on Saturday, reflecting a powerful rally in global markets. Prices in the local bullion market moved significantly higher, bringing silver close to the key Rs. 9,000 per tola mark.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola increased by Rs. 374, closing at Rs. 8,948. The rise signals renewed investor interest in precious metals amid firm international trends.
