Karachi silver prices recorded a notable decline on Friday, with the metal retreating across all categories as global precious metals markets pulled back sharply alongside gold, extending Thursday’s modest dip into a more significant two-session pullback.
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According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola declined by Rs. 61, settling at Rs. 6,309.
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The price of 24-karat silver per 10 grams also fell by Rs. 53, settling at Rs. 5,408.
Karachi Silver prices today, July 24, 2026:
- Silver, 24K per tola: Rs. 6,309 (-61)
- Silver, 24K per 10 grams: Rs. 5,408 (-53)
International silver prices also fell, declining by $0.61 to settle at $58.30 per ounce, pulling back from the levels reached earlier in the week and moving further below the $60 threshold that the metal has struggled to reclaim in recent sessions.
The decline in global silver rates was reflected in domestic pricing, with Karachi silver prices easing across all categories throughout Friday’s session.
Karachi Silver Prices Extend Thursday’s Pullback
Thursday had already shown signs that the recovery was running out of momentum, with Karachi silver prices slipping by Rs. 33 per tola to settle at Rs. 6,370, as international silver edged down by $0.33 to $58.91 per ounce.
READ: Karachi silver prices inch above Rs. 6,400 per tola
That modest dip had followed four sessions of recovery, Tuesday’s sharp surge of Rs. 219 per tola, Wednesday’s small gain of Rs. 7 per tola, and the earlier gains of Saturday and Monday, which together had lifted Karachi silver prices significantly from the multi-month lows recorded on July 17.
Thursday’s contained pullback had appeared manageable, but Friday’s larger decline of Rs. 61 per tola has now extended the two-session retreat to Rs. 94 per tola in total.
Together, Thursday and Friday have given back a meaningful portion of the gains built during the four-session recovery, leaving Karachi silver prices at Rs. 6,309 per tola, below Wednesday’s recent high but comfortably above last week’s low of Rs. 6,029 per tola.
Karachi Silver Prices Hold Well Above Recent Lows
At Rs. 6,309 per tola, Karachi silver prices today remain significantly higher than the depths of last week’s correction, which had brought the metal dangerously close to the Rs. 6,000 mark.
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International silver at $58.30 per ounce has moved lower but continues to hold above $58, staying clear of the even more depressed levels seen during the worst of the recent sell-off.
Market Outlook Remains Cautious
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.
Two consecutive sessions of declines after a strong recovery week is a reminder that the market remains vulnerable to sharp reversals, and sustained stability at current levels has yet to be established.
Traders and investors will be watching closely heading into the weekend whether Karachi silver prices can find support around current levels and resume the recovery, or whether the two-session pullback has more room to run heading into the final week of July.
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
