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Silver Rate in Pakistan Rises as Post-Eid Market Opens Firm

Silver Rate in Pakistan Rises as Post-Eid Market Opens Firm

Karachi, March 24, 2026 โ€“ The Silver Rate in Pakistan opened higher this week, reflecting strong international cues and renewed local buying after Eid holidays. Prices per tola rose to Rs9,203, signaling confidence in the precious metal market.

The current Silver Rate per 10 grams stands at Rs7,888, while per gram it is Rs788.8. This increase aligns with global silver trends and its close relationship with gold, which remains firm at Rs464,000 per tola for 24-karat gold locally. Analysts say the metals are moving in tandem as markets resume normal activity after the festive break.

Several factors are driving the Silver Rate movement in Pakistan. Goldโ€™s resilience in global markets provides strong support for silver, as investors often hedge with both metals. International spot silver has also maintained upward momentum, influencing local PKR pricing through import costs and exchange rate fluctuations.

Industrial demand remains another key factor. Silver is crucial for electronics, solar panels, electric vehicles, and other clean energy applications. This steady consumption helps maintain prices even during periods of economic uncertainty.

Local buyers are also contributing to the upward movement. Jewelers and individual investors are turning to silver as an affordable alternative to gold, especially as an inflation hedge. Their increased participation has strengthened market activity in major Sarafa markets across Pakistan.

Market experts note that the Silver Rate is dynamic and highly responsive to global and local factors. Investors are advised to check live Sarafa market quotes before making purchases or sales, as prices can fluctuate rapidly with international trends and domestic demand shifts.

In other news read more about Silver Rate in Pakistan Hits Rs. 10,802 Per Tola Amid Strong Global Demand

Overall, silverโ€™s positive post-Eid start highlights its continuing importance as both a safe-haven asset and an industrial resource in Pakistan. Analysts expect the metal to remain in focus as buyers and investors monitor market movements closely.

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