Karachi Silver prices today: Rates continue to decline

Karachi Silver prices today
File Photo of Silver
Stay updated - Follow TOK on WhatsApp for instant alerts!
0:00 / --:--

Karachi Silver prices today recorded another decline as Pakistan’s bullion market continued its weak run on Monday, with silver extending its recent losses and slipping to Rs. 6,324 per tola, the lowest level seen in several months.

Follow Times of Karachi on Google News and add as a preferred Source on Google

According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola fell by Rs. 69, settling at Rs. 6,324.

Visit Times of Karachi website for the latest news-related content

The price of 24-karat silver per 10 grams also declined by Rs. 59, settling at Rs. 5,421.

Karachi Silver prices today on Monday, June 29, 2026:

  • Silver, 24K per tola: Rs. 6,324 (-69)
  • Silver, 24K per 10 grams: Rs. 5,421 (-59)

International silver prices also edged lower, declining by $0.69 to settle at $58.45 per ounce, pushing global rates further below the $60 level that had already been broken in recent sessions.

The dip in global silver rates was reflected in domestic pricing, with prices slipping further across all categories throughout Monday’s session.

While the scale of Monday’s decline is smaller than some of the steep falls seen earlier in the month, the overall trend remains pointed downward, with no clear signs of stabilisation yet emerging.

Karachi Silver prices today extend post-Ashura losses

Monday’s decline follows Saturday’s fall of Rs. 271 per tola, which had been the first session back after the Ashura holidays and had pushed prices to Rs. 6,393.

READ: Karachi Silver prices today: Rates drop below Rs. 6,500 per tola

Together, the two post-holiday sessions have added a further Rs. 340 per tola to an already significant run of losses.

The broader picture of the past few weeks has been one of persistent and painful weakness. Silver had briefly recovered above Rs. 7,500 per tola during the three-session rally in mid-June, but that recovery proved entirely short-lived as a series of sharp falls in the sessions that followed reversed the gains and pushed prices well below where they had started.

Monday’s rate of Rs. 6,324 per tola now sits dramatically below that brief high, underscoring the scale of the correction that has taken place.

Karachi Silver prices today hit multi-month lows

At Rs. 6,324 per tola, domestic silver prices have now fallen to their lowest levels in several months, with the Rs. 7,000 mark, which the market has repeatedly tried and failed to hold above, now a distant memory in the context of recent trading.

International silver, trading at $58.45 per ounce, reflects a similarly weak global trend, with prices surrendering a significant portion of the gains built earlier this year.

Follow the Times of Karachi channel on WhatsApp

The combined losses recorded over the past few weeks now represent one of the most prolonged and challenging periods for Pakistan’s silver market in recent memory.

Market outlook remains cautious

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.

While the long-term outlook for silver remains supported by growing industrial applications, short-term price movements continue to reflect weakness in both domestic and international markets.

Karachi Silver prices today continue to depend on international silver markets, the rupee-dollar exchange rate and overall investor sentiment.

Traders and investors will closely monitor upcoming sessions to see whether silver prices stabilise or continue their recent decline.

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

Share

Follow Times of Karachi on Google News and explore your favorite content more quickly!
Leave a Reply
Related Posts
🚫 Ad blocker detected. Please disable your ad blocker to support our content.