24K Silver has reached ₨ 4,315 per tola, showing strong gains due to increasing industrial demand and market interest. This price surge comes as silver continues to benefit from growing industrial applications in electronics, solar energy, and medical sectors.
Current Market Rates for Silver:
| Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
|---|---|---|---|
| 24K Silver | ₨ 4,315 | ₨ 3,699 | ₨ 370 |
📊 Why is Silver Rising?
- Industrial Demand: Silver’s role in solar panels, electronics, and batteries continues to drive its price higher. As industries look for high-quality materials to power new technologies, silver’s industrial demand remains strong, contributing to the rise in price.
- Investment Appeal: Silver is more affordable than gold, making it an attractive option for those looking to invest in precious metals without the higher price of gold. As economic uncertainty persists, silver continues to be an affordable hedge against inflation and currency devaluation.
- Global Market Conditions: Silver prices are also benefiting from the weakening US Dollar and the growing inflation narrative, which has made precious metals a preferred choice among investors. As central banks continue to adjust their policies, silver is becoming a safe bet for traders looking for exposure to precious metals.
🧭 Silver Technical Analysis
- Immediate Support: ₨ 4,200 per tola – This level has provided consistent support for silver, with the metal bouncing back after hitting this threshold several times over the past few weeks.
- Resistance Level: ₨ 4,350 per tola – The next target for silver is ₨ 4,350, where it could face resistance due to potential profit-taking.
Given its affordable price point, industrial demand, and historical role as a safe-haven asset, silver is expected to maintain its upward trend for the foreseeable future.
🔮 Silver Price Forecast for 6 September 2025:
- Silver: Likely to trade between ₨ 4,250 – 4,300 per tola, with the potential for a short-term correction if global economic data shifts or if industrial demand experiences a pause.