Karachi Silver prices today recorded a more notable decline, with the metal slipping across all categories as global precious metals markets extended their post-rally pullback alongside gold, giving back a portion of the strong gains seen over Thursday and Friday of last week.
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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. 120, settling at Rs. 6,559.
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The price of 24-karat silver per 10 grams also fell by Rs. 103, settling at Rs. 5,623.
Karachi Silver prices today on Tuesday, July 7, 2026:
- Silver, 24K per tola: Rs. 6,559 (-120)
- Silver, 24K per 10 grams: Rs. 5,623 (-103)
International silver prices also declined more notably, falling by $1.2 to settle at $60.8 per ounce, extending the retreat from last week’s recovery highs and pulling global rates back toward the $60 level.
The decline in global silver rates was reflected in domestic pricing, with Karachi Silver prices falling across all categories throughout Tuesday’s session.
Tuesday’s decline is larger in scale than Monday’s modest dip, suggesting the post-rally pullback in silver is running at a slightly faster pace than in gold, though conditions remain far more orderly than the sharp swings seen during June’s correction.
Karachi Silver Prices Today Extend Three-Session Pullback
Tuesday’s decline follows Monday’s small dip of Rs. 37 per tola and Saturday’s marginal fall of Rs. 48 per tola, both of which had come after the powerful back-to-back gains of Thursday and Friday.
READ: Silver rate extends losing streak, slides to Rs. 6,679
Over those two sessions, Karachi Silver prices had climbed by a combined Rs. 522 per tola, lifting the metal well away from the multi-month lows recorded during the worst of the June sell-off.
The three sessions of declines since Friday have now given back Rs. 205 per tola of those gains, leaving Karachi Silver prices at Rs. 6,559 per tola.
While this represents a meaningful step down from last week’s highs, the metal remains well above the Rs. 6,242 per tola low recorded on July 1, highlighting how much ground the recent recovery had covered.
Karachi Silver Prices Move Back Below Rs. 6,600
At Rs. 6,559 per tola, Karachi Silver prices have moved back below the Rs. 6,600 level, with international silver at $60.8 per ounce also edging back toward the key $60 threshold.
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Whether prices can hold above that level in the coming sessions will be an important indicator of the recovery’s underlying strength.
Market Outlook Turns More Cautious
Karachi 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.
Tuesday’s sharper decline compared to recent sessions warrants some caution, as the pullback in silver appears to be gathering a little more pace than the more measured retreat seen in gold.
Traders and investors will be watching closely whether Karachi Silver prices can stabilise at current levels and resume the broader recovery, or whether the post-rally pullback deepens further in the sessions 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
