ISLAMABAD: Silver prices in Pakistan have significantly surged over the past three months, closely tracking the global upward trend driven by geopolitical uncertainty and investor demand.
The precious metal has gained 27% in the local market, rising from Rs4,012.76 to Rs 5,579 per tola last week, while international prices climbed 32.9% over the same period, and are currently trading above $50 per ounce.
The rally in silver, traditionally viewed as gold’s less glamorous cousin, has been bolstered by similar macroeconomic forces fueling gold’s record-breaking ascent.
| City | Per Tola (Rs.) | 10 Grams (Rs.) |
|---|---|---|
| Karachi | 5,579 | 4,782 |
| Hyderabad | 5,579 | 4,782 |
| Lahore | 5,579 | 4,782 |
| Multan | 5,579 | 4,782 |
| Islamabad | 5,579 | 4,782 |
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