Silver prices in Pakistan are witnessing a powerful upswing, mirroring the international momentum seen in the precious metals sector. As of today, 24K silver is trading at Rs. 5,003 per tola, maintaining a strong position just below recent highs. This bullish sentiment is supported by both investment demand and increasing industrial usage of silver globally.
| Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
|---|---|---|---|
| 24K Silver | 5,003 | 4,288 | 428.8 |
Silver is outperforming expectations due to its dual role as a precious metal and an industrial component. On the global front, silver trades near $41.30/oz, driven by increased demand from the renewable energy and electric vehicle (EV) sectors. The surge in photovoltaic (solar panel) installations and the rapid adoption of EVs are placing new upward pressure on silver demand.
Unlike gold, silver’s price is more responsive to industrial activity. Market analysts predict that global silver deficits may deepen in 2025 due to this increased demand and stagnant mining output.
📉 Local Market Sentiment
In Pakistan, silver is emerging as a go-to investment for retail investors who may be priced out of the gold market. With gold trading above Rs. 410,000 per tola, silver remains a more accessible entry point for investors seeking to hedge against inflation and currency depreciation.
Younger investors, online investment communities, and small-scale jewelers are showing rising interest in silver. The consistent price growth over the past few weeks is attracting attention, especially with forecasts suggesting that silver could soon retest Rs. 5,200 per tola if momentum continues.
🔮 Forecast & Technical Levels
Silver’s current support sits around Rs. 4,850, with resistance marked at Rs. 5,150 – 5,200. A confirmed breakout above this resistance could fuel a new rally toward Rs. 5,400 in the coming weeks. The market remains volatile, so sharp pullbacks are also possible.
Investors are encouraged to monitor international cues, including the U.S. dollar index and Chinese industrial output data, as they have a direct impact on global silver demand and consequently, local pricing in Pakistan.
🔗 For the latest silver price trends, visit: www.dailygold.pk