Silver Prices Go Down in Pakistan Amid Economic Pressure

PAKISTAN: Silver prices have sharply declined despite global tensions, raising concerns in Pakistan, where silver is also used for savings and financial security. This shift reflects broader market dynamics.

Current Silver Rate in Pakistan Today

According to local market sources, prices per tola of silver have declined slightly from yesterday. This is attributed to pressures from international market fluctuations and demand. However, there was an increase in the price per 10 grams of silver in some markets, indicating instability and short-term volatility.

On April 29, 2025, one tola of silver traded for Rs. 7,934, while 10 grams traded for Rs. 6,800. All three prices remained the same on April 28 and 27, indicating a relatively stable price for the short term. The price did spike again on April 26; however, it dropped again to Rs. 8,112 per tola and Rs. 6,953 per 10 grams on April 25.

On April 24, the rate was lower than the previous day at Rs. 7,973; however, it was up compared to April 22, when it was at its highest recorded price during these 10 days of Rs. 9,520 per tola and Rs. 8,160 per 10 grams.

April 21 also saw a minor decrease (to Rs. 8,481) but remained relatively stable between then (April 21) and April 20. On April 22, however, the price increased again (mountains from April) at Rs. 8,071 before starting to decline (mountains and the next day).

Local traders reported that there is currently stable demand for silver in jewellery and industrial sectors, but price instability is causing short-term trading issues. Investors are watching international trends before making any new investments.