Silver rate in Pakistan on March 24 opened on a strong note, reflecting renewed momentum after the Eid holidays.
The price of silver reached Rs 9,203 per tola, supported by global market trends and increased local buying activity.
Latest Silver Prices in Pakistan
Current silver prices in the local market are:
- 1 Gram: Rs 788.8
- 10 Grams: Rs 7,888
- 1 Tola: Rs 9,203
These rates indicate a stable and positive start to the trading week.
International spot silver activity continues to shape local prices. The metal’s strong link with gold also plays a key role. Gold prices remain firm, with local 24K rates around Rs 464,000 per tola. This alignment often supports silver’s upward movement.
Silver typically follows gold trends. As gold remains high, silver benefits from investor interest in precious metals. Silver remains essential for industries such as solar energy, electronics, and electric vehicles. This consistent demand supports price stability.
After Eid, buyers and jewellers have returned to the market. Many view silver as a more affordable alternative to gold and a hedge against inflation.
Analysts describe silver’s outlook as dynamic but promising. The metal continues to attract attention for its dual role as both an investment and an industrial asset. However, prices may change quickly based on international developments and currency movements.