Commodities
Silver Prices Slip Below Rs. 7,100 per Tola in Karachi
Karachi silver prices dropped on Saturday as global precious metals markets turned softer alongside gold. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat silver per tola fell by Rs. 63 to settle at Rs. 7,098.
The decline in silver was modest compared to the sharper drop in gold, with Karachi silver prices holding relatively steady despite the broader weakness in precious metals markets.
Silver prices in Pakistan are influenced by global industrial demand, particularly from sectors such as electronics and renewable energy, as well as shifts in investor sentiment.