Pakistan’s bullion market saw silver prices tick higher on Saturday, recovering a small portion of Friday’s steep losses as the metal edged up across all categories after breaking below the Rs. 7,000 mark a day earlier.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola rose by Rs. 16, settling at Rs. 6,962.
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Silver rates in Pakistan on Saturday, June 20, 2026:
- Silver, 24K per tola: Rs. 6,962 (+16)
- Silver, 24K per 10 grams: Rs. 5,909 (+14)
International silver prices also edged higher, rising by $0.158 to settle at $64.828 per ounce, a modest move compared to the sharp swings seen earlier in the week.
The slight uptick in global silver rates was reflected in domestic pricing, with the market showing early signs of stabilization after the steep decline recorded a day earlier.
Saturday’s movement remained limited in scale, suggesting the metal is still finding its footing after a turbulent stretch.
A Small Bounce After Friday’s Steep Fall
Saturday’s modest gain comes after Friday’s sharp decline, when silver had dropped by Rs. 413 per tola and broken decisively below the psychologically significant Rs. 7,000 per tola mark.
READ: Silver prices dip below Rs. 7,000 per tola mark in Pakistan
That fall had come after a period of stronger gains earlier in the week, when silver had climbed by a combined Rs. 620 per tola over three sessions and briefly traded above Rs. 7,500.
Friday’s drop had reversed a significant part of that recovery, pulling prices back below where they had stood even before the earlier rally began.
Saturday’s gain of Rs. 16 per tola is small in comparison, but it does mark the first positive session since the sharp correction, offering an early signal that selling momentum may be easing.
Still Below the Key Rs. 7,000 Mark
Despite Saturday’s uptick, silver prices at Rs. 6,962 per tola remain below the Rs. 7,000 level that had held throughout the earlier recovery phase. Reclaiming that mark will likely be the next test for the market in the sessions ahead.
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International silver, now at $64.828 per ounce, reflects a similarly cautious recovery, with global prices stabilizing after the sharp pullback recorded a day earlier.
Market Outlook Remains Watchful
Silver continues to be closely tied to global industrial demand, particularly from sectors such as electronics and renewable energy, alongside broader shifts in investor sentiment.
While Saturday’s small gain offers a degree of relief after a difficult week, it remains unclear whether this marks the beginning of a fresh recovery or merely a brief pause within a still-uncertain market.
Market watchers will continue to monitor whether silver can build on Saturday’s gain and move back above the Rs. 7,000 mark, or whether fresh weakness emerges in the days ahead.
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
