1. International Silver Rate
The global precious metals market is showing steady traction as industrial demand for green energy technology balances out macroeconomic headwinds from the US Federal Reserve.
Silver Spot Price: $75.37 per troy ounce
24-Hour Performance: Down approximately 2.95% following a broader short-term commodities correction, pulling back from its mid-month highs above $80.
Per Gram Rate: $2.41
2. Silver Rate in Pakistan
According to the latest calculations from the local Sarafa markets and jewelry associations, domestic white metal rates have settled following high volatility earlier in the week.
24-Karat Pure Silver (Chandi)
Per Tola: Rs. 8,034
Per 10 Grams: Rs. 6,887
Per 1 Gram: Rs. 688.70
3. Key Drivers Behind Current Rates
The Industrial Demand Cushion: Unlike gold, silver functions heavily as an industrial commodity. Explosive growth in the production of solar panels, electric vehicles, and high-end electronics is keeping a highly reliable floor under international spot prices.
Local Currency Mechanics: Because Pakistan remains a net importer of precious metals, local rates react directly to international price movements and the relative stability of the Pakistani Rupee against the US Dollar.
Note: Retail market rates can fluctuate slightly across different cities (Karachi, Lahore, Islamabad, etc.) depending on local jeweler premiums.