Beyond The Time News

Silver prices hold steady in Pakistan amid stable global market trends

KARACHI: Silver prices remained unchanged across Pakistan on Tuesday, with the precious metal trading at Rs7,840 per tola in major bullion markets, including Karachi, Lahore and Islamabad.

Market dealers said silver prices remained stable as international spot rates showed little movement, keeping domestic prices largely unchanged.

Silver rates in Pakistan

UnitPrice (PKR)
1 Tola (24K/999)Rs7,840
10 GramsRs6,720
1 GramRs672
1 KilogramRs672,000

Weekly trend

Despite Tuesday’s stability, silver has recorded a modest decline over the past week. Prices have eased from around Rs8,051 per tola on May 28 to Rs7,840 per tola, reflecting a correction of approximately 2.6 percent after recent gains.

Market outlook

Bullion traders expect silver to trade within the range of Rs7,800 to Rs8,000 per tola in the coming days, with global precious metals trends, US economic indicators and rupee-dollar exchange rate movements likely to influence prices.

Analysts also note that seasonal demand linked to the wedding season could provide additional support to the market.

Silver Rate in Pakistan Holds Firm on June 1, 2026 Amid Wedding Season Demand

Advice for buyers

Market experts recommend that buyers:

  • Purchase silver with 999 hallmark certification to ensure purity.
  • Compare prices from multiple dealers before making a purchase.
  • Consider bars and coins for investment purposes due to lower premiums.
  • Store larger holdings securely, preferably in bank lockers.

Jewellery buyers should also factor in making charges and applicable taxes, which can significantly increase the final purchase cost.

https://www.reuters.com