Silver Market Update
The domestic silver market in Pakistan remained largely stable on Monday, 1 June 2026, with the per tola price recorded at Rs. 7,908. Market activity indicates a continuation of narrow-range trading, reflecting subdued volatility in line with international bullion trends and domestic currency stability.
Current Silver Rates
City-Wise Silver Rates
| City | Rate per Tola |
|---|---|
| Karachi | Rs. 7,908 |
| Lahore | Rs. 7,908 |
| Islamabad | Rs. 7,908 |
| Rawalpindi | Rs. 7,908 |
| Peshawar | Rs. 7,908 |
Market Trend – Last 10 Days
| Date | Rate | Change | Trend |
|---|---|---|---|
| 1 Jun | Rs. 7,908 | -3 | Stable |
| 31 May | Rs. 7,911 | 0 | Stable |
| 30 May | Rs. 7,911 | 0 | Stable |
| 29 May | Rs. 7,911 | 0 | Stable |
| 28 May | Rs. 8,051 | -140 | Down |
| 27 May | Rs. 8,051 | 0 | Stable |
| 26 May | Rs. 7,908 | 0 | Stable |
| 25 May | Rs. 7,908 | 0 | Stable |
| 24 May | Rs. 7,952 | +44 | Up |
| 23 May | Rs. 7,952 | 0 | Stable |
Price Movement Analysis
Market Outlook
Market observers note that silver prices in Pakistan continue to reflect a combination of international bullion movements, exchange rate stability, and domestic demand conditions. The absence of sharp fluctuations indicates a relatively balanced trading environment in the local bullion segment.
Globally, silver remains supported by sustained industrial consumption, particularly in renewable energy technologies, electronics, and manufacturing supply chains. However, short-term price direction continues to depend on macroeconomic indicators and global interest rate expectations.
In the domestic context, stable rupee performance against the US dollar has contributed to limiting volatility in local silver rates. Market participants anticipate a continuation of the current range-bound movement in the near term unless external shocks emerge in international commodity markets.
