24K Silver continues to perform strongly, rising to ₨ 4,432 per tola. This reflects the ongoing bullish trend in the silver market, driven by both industrial demand and investment interest.
Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
---|
24K Silver | ₨ 4,432 | ₨ 3,799 | ₨ 373.5 |
🔍 Why Silver Prices Are Rising
- Industrial Demand: Silver is heavily used in the electronics, solar energy, and automotive industries. With global demand for green technologies and electronics soaring, silver is seeing strong price support. The solar panel industry, in particular, continues to drive significant demand for silver, as the metal is an essential component in the production of solar cells.
- Investment Demand: As a more affordable precious metal compared to gold, silver has become a popular investment choice, particularly for those looking to hedge against economic uncertainty. Investors are increasingly turning to silver as a means of protecting their wealth amid rising inflation and concerns about the stability of global currencies.
- Global Economic Factors: Similar to gold, silver is benefiting from currency weakness and concerns over global inflation. Silver’s role as both an industrial metal and a precious metal makes it unique and highly valued in times of economic instability.
- Silver’s Dual Role: Silver has a unique advantage over gold in that it serves two purposes—it is not just an investment asset but also an essential industrial commodity. This dual role helps silver remain resilient in the face of market fluctuations and economic instability.
🧭 Silver’s Technical Outlook
- Support Level: Silver has found strong technical support at the ₨ 4,400 per tola level, where buying interest has increased during price pullbacks. This level is crucial for maintaining the bullish trend in silver prices.
- Resistance Level: The next major resistance for silver is expected around ₨ 4,500 per tola. If silver breaks through this level, we could see prices move further upward, possibly testing new record highs.
🔮 Silver Price Forecast for 11 September 2025
- 24K Silver: Silver is expected to remain within a range of ₨ 4,400 – ₨ 4,450 per tola in the near term, with continued demand expected from industrial sectors and investors.
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