Silver rate in Pakistan continued its gradual recovery on Monday, with the white metal posting a modest gain for a second consecutive session. The 24-karat silver rate rose by Rs. 66, closing at Rs. 6,588 per tola.
Follow Times of Karachi on Google News and add as a preferred Source on Google
This steady advance suggests that buying interest is returning to the white metal, though the gains remain measured. The silver market recovery appears to be gaining slow but steady traction.
In 10 grams, 24-karat silver increased by Rs. 57 to Rs. 5,648. The consistent gains across both measurements indicate renewed positive sentiment.
The advance was supported by a positive global backdrop. The international silver price rose by $0.66 to $61.10, extending its recovery from recent lows. This global strength provided a supportive environment for local prices.
Since the late August peak near Rs. 7,329, silver remains below those highs, having lost approximately Rs. 740 per tola during the recent correction.
However, the metal remains above the July lows near Rs. 6,000, and the consecutive gains suggest that the white metal may be building a base for further recovery.
Earlier to this, silver rate in Pakistan recovered on Friday, with the white metal posting a gain to close the week on a positive note. The 24-karat silver rate rose by Rs. 50, closing at Rs. 6,578 per tola.
This recovery erases Thursday’s decline, suggesting that buying interest has returned at current levels. The white metal appears to be stabilizing after the recent volatility.
In 10 grams, 24-karat silver increased by Rs. 43 to Rs. 5,639. The gains across both measurements indicate renewed positive sentiment for silver.
All rates are officially certified by the All Pakistan Sarafa Gems and Jewellers Association, based on interbank exchange rates for purity 999 (24K).
