Silver prices are also on the rise today, following global market cues. The 1 Tola Silver rate has reached Rs. 5,542, marking a steady upward trajectory driven by industrial demand and growing investor interest in alternative precious metals.
Today’s Silver Rates
| Weight | Price (PKR) |
|---|---|
| 1 Tola Silver | Rs. 5,542 |
| 10 Grams Silver | Rs. 4,751 |
| 1 Gram Silver | Rs. 475.10 |
| 1 Ounce Silver | Rs. 14,832 |
Silver Market Overview
Unlike gold, silver holds a dual identity — it is both an investment asset and a key industrial material. The surge in industrial demand, especially from solar-panel manufacturing, electric vehicles, and semiconductor production, has lent solid support to prices.
In Pakistan, silver remains a preferred choice for small investors who seek exposure to precious metals without large capital outlay. The affordability of silver coins and bars has made it increasingly popular among young investors and artisans alike.
Global Influences on Silver
- Industrial Consumption: Renewable-energy expansion is expected to increase global silver usage by 8-10 % year-on-year.
- Investment Flow: With gold trading near record highs, some investors are rotating funds into silver for better percentage returns.
- Global Production Trends: Supply constraints from major mining nations like Mexico and Peru have tightened availability, underpinning prices.
- Currency Effect: The PKR’s depreciation against the USD further enhances silver’s local value.
Analyst Forecast
Analysts foresee silver maintaining a positive bias for the rest of the month. Should global industrial output remain strong, silver could approach Rs. 5,600 per tola in the short term. In the long run, silver’s essential role in renewable-energy projects positions it for consistent growth.
For Pakistani investors, this is an ideal time to consider small but regular silver investments — either in bullion form or through certified jewelry.
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