Commodities
Karachi Silver Prices Top Rs. 6,300 Amid Global Uptick
Karachi silver prices have climbed above Rs. 6,300 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association.
The price of 24-karat silver per tola rose by Rs. 60, settling at Rs. 6,351, while the price of 24-karat silver per 10 grams climbed by Rs. 51, settling at Rs. 5,444.
The uptick in global silver rates was reflected in domestic pricing, with Karachi sliver prices climbing steadily across all categories throughout the session.
The positive divergence from gold, with silver gaining while gold dipped marginally, is an encouraging sign and suggests the metal may be building independent momentum at current levels.