Silver is maintaining strength today, with 24K silver at Rs. 4,621 per tola, 10 grams at Rs. 3,961, and roughly Rs. 396.1 per gram. This shows silver staying resilient alongside gold, even as silver tends to be more sensitive to industrial demand shifts and currency fluctuations.
| Purity | Per Tola (PKR) | Per 10 Grams (PKR) | Per Gram (PKR) |
|---|---|---|---|
| 24K Silver | Rs. 4,621 | Rs. 3,961 | Rs. 396.1 |
Globally, silver is benefiting from dual demand — industrial usage (especially for green energy, solar panels, electronics) and investment demand as an inflation hedge. When expectations of rate cuts rise, silver often gains because its cost of carry drops, and its price upside becomes more attractive. This is helping silver stay sticky at elevated levels. Hamariweb.com+1
In Pakistan, silver remains a more accessible precious metal for smaller investors. Because gold is expensive, many prefer silver for smaller scale investment or for jewelry/ornamental items. The weakening rupee and rising import costs are pushing silver prices upward — but the lower base of silver compared to gold means that silver’s proportional price jumps are more noticeable in local markets. Buyers of silver are thus more sensitive to rate changes and premiums.
From a technical standpoint, silver is holding above its short‑term support near Rs. 4,500 per tola. Resistance may lie around Rs. 4,700–Rs. 4,800 per tola if global industrial demand stays strong and inflation expectations remain. But because silver is more volatile, it’s more prone to quick swings either way.
Short‑Term Forecast: Silver is likely to trade between Rs. 4,500 – Rs. 4,700 per tola in the coming days, with potential upside if global cues (industrial demand, monetary easing, inflation data) remain supportive. Investors should watch global manufacturing reports, energy sector demand, and any shifts in USD strength.
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