Pakistan’s bullion market recorded a welcome recovery on Tuesday, as silver prices climbed higher across all categories, snapping a painful five-session losing streak that had pushed domestic rates dangerously close to the key Rs. 7,000 per tola mark.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola increased by Rs. 141, settling at Rs. 7,314.
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Similarly, the rate of 24-karat silver per 10 grams also rose by Rs. 129, closing at Rs. 6,245, as buying activity picked up noticeably across the domestic market during the session.
Silver rates in Pakistan on Tuesday, June 9, 2026:
- Silver, 24K per tola: Rs. 7,314 (+141)
- Silver, 24K per 10 grams: Rs. 6,245 (+129)
In the international market, silver prices also recorded a recovery, gaining $1.411 to settle at $68.352 per ounce as global precious metals markets stabilised following the sustained selling pressure of recent sessions.
The uptick in global silver markets was swiftly reflected in domestic prices, as traders and investors returned with fresh buying interest following five consecutive sessions of steep and relentless losses.
With buying activity picking up across all categories, Tuesday’s session provided a much-needed breather for Pakistan’s silver market.
A Painful Five-Session Losing Streak
Tuesday’s recovery comes after one of the most difficult stretches for silver prices in Pakistan in recent memory. Monday, June 8, had seen prices decline further by Rs. 94 per tola to settle at Rs. 7,173, pushing domestic rates dangerously close to the key Rs. 7,000 per tola mark as international silver had also weakened to $66.941 per ounce.
READ: Silver drops for fifth consecutive session in Pakistan as prices near Rs. 7,000 mark
Saturday, June 6, had been the most damaging session of the losing streak, when silver prices had crashed by Rs. 463 per tola to settle at Rs. 7,267 following a massive global sell-off. Friday, June 5, had seen silver slip by Rs. 67 per tola to settle at Rs. 7,730, while Thursday, June 4, had recorded a decline of Rs. 97 per tola.
Wednesday, June 3, had been the session that first broke the key Rs. 8,000 mark, with silver plunging by Rs. 259 per tola to settle at Rs. 7,894.
Tuesday’s gain of Rs. 141 per tola represents a meaningful and welcome step in the right direction, pulling prices back from the brink of the key Rs. 7,000 level. However, the gain falls well short of offsetting the scale of losses recorded over the past five sessions, with the combined decline over that period still standing at a significant Rs. 839 per tola.
Below All-Time High Levels
Despite Tuesday’s encouraging recovery, silver prices in Pakistan remain significantly below their all-time highs. The metal had previously traded above Rs. 10,000 per tola in early 2026, when international silver prices climbed above $100 per ounce, reflecting strong global demand and bullish investor sentiment at the time.
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The current price of Rs. 7,314 per tola remains well below that peak. With international silver now trading at $68.352 per ounce following Tuesday’s recovery, market analysts will be watching closely whether this rebound can be sustained in the sessions ahead or whether another round of selling pressure could push prices back toward the key Rs. 7,000 mark.
Silver, widely used in industrial sectors including electronics and solar panel manufacturing, remains highly sensitive to shifts in international demand and investor outlook. The metal continues to benefit from growing industrial demand and a global shift toward renewable energy, which has significantly increased the use of silver in solar panel production.
Market watchers will be closely monitoring international developments in the coming sessions to gauge whether Tuesday’s recovery marks the beginning of a sustained rebound or proves to be a temporary bounce within a broader downward trend.
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
