Gold isn't the only metal shining bright. Silver prices have skyrocketed, hitting a near-record high of $90 per ounce in the international market. This surge is having a direct impact on rates in Pakistan.
Local Market Update
In Pakistan, the price of silver has jumped by Rs. 500 per tola overnight. It is now trading at Rs. 9,575 per tola. This makes silver a lucrative investment option for those who find gold too expensive.
Why is Silver Rising?
Industrial demand for silver (used in solar panels and electronics) is booming. Combined with the global economic uncertainty, investors are flocking to silver as a cheaper alternative to gold.
Investment Tip
Many experts believe silver is undervalued compared to gold. With the current trend, it could see even higher gains in 2026. It might be time to diversify your portfolio.
Conclusion
Don't ignore the "poor man's gold." Silver is making moves, and smart investors are watching closely.
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