Silver prices in Pakistan have seen a mild retreat today, with 1 tola of silver priced at ₨ 5,276, slightly lower than the previous week’s peak. Despite the minor correction, silver continues to hold its ground above the critical psychological threshold of ₨ 5,200 per tola, signaling ongoing strength in investor sentiment.
| Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) | Per Ounce (PKR) |
|---|---|---|---|---|
| 24K | ₨ 5,276 | ₨ 4,523.4 | ₨ 452.3 | ₨ 14,137.2 |
n global markets, silver is trading around $41/oz, after reaching a 12-month high just days ago. The metal is drawing attention from investors and institutions due to its dual appeal as both a precious metal and a critical industrial component. The global push toward green energy, especially in solar panel manufacturing and electric vehicles (EVs), is fueling long-term demand for silver.
Meanwhile, concerns about inflation, interest rate uncertainty, and a shaky global economic outlook continue to drive investors toward hard assets like silver and gold. The US dollar index has shown signs of weakening, further supporting precious metal prices.
🇵🇰 Domestic Outlook
In Pakistan, the steady depreciation of the rupee against the dollar, combined with import-related inflation, is pushing up local silver rates. Silver, unlike gold, remains an accessible investment for small and medium-scale investors in the country. The youth segment is especially drawn to silver due to its affordable price point, liquidity, and ease of storage or resale.
Local jewelers report stable demand from both the fashion and bridal jewelry segments, where silver remains a cost-effective alternative to gold. Additionally, with inflation still pressuring consumer purchasing power, silver is increasingly becoming a hedge asset for the masses, not just high-net-worth individuals.
📊 Technical Perspective
Technical analysis shows that ₨ 5,200 per tola is acting as a strong support level. Resistance is now forming around ₨ 5,400–5,500 per tola. A close above this zone could open the door to further gains toward ₨ 5,600+ in the short term. However, if prices fall below the ₨ 5,200 mark, a short-term correction toward ₨ 5,050 cannot be ruled out.
🔮 Forecast
Looking ahead, silver is expected to stay firm as long as global industrial sentiment and local inflationary pressures remain intact. For traders and investors, this may be an opportunity to accumulate silver before the next potential leg-up.
🔗 For daily updates, insights, and historical silver prices in Pakistan, visit: www.dailygold.pk