Karachi, January 27, 2026 – The silver rate in Pakistan has seen a significant rise in recent days, following a global upswing in precious metals. Today, the silver rate stands at approximately Rs. 11,430 per tola, marking a noticeable increase compared to last week and last month. Analysts report gains of 14–15% in short periods.
The rise in silver prices is closely linked to the ongoing rally in gold, which recently pushed 24K gold above Rs. 532,000 per tola in local markets. Historically, gold and silver move together, serving as safe-haven assets during economic uncertainty, geopolitical tensions, and currency fluctuations.
Factors Driving the Silver Rate Increase
- Global Precious Metals Rally – International gold is approaching $5,000 per ounce, while silver has surged past $110 per ounce, impacting import costs and local rates in Pakistan.
- Safe-Haven Demand – Investors are increasingly turning to silver and gold to hedge against inflation, a weaker U.S. dollar, and global instability.
- Industrial Demand – Silver’s use in solar panels, electronics, electric vehicles, and technology continues to outpace supply. Experts say rising industrial consumption contributes to sustained upward pressure on silver prices.
- Local Currency Impact – The Pakistani rupee’s fluctuation against the U.S. dollar affects silver import costs, further increasing the silver rate for buyers and jewelers in Pakistan.
Over the past month, silver prices have shown strong growth, with some reports indicating increases of over 40% during certain periods. Experts recommend that investors and buyers track daily silver rate updates through financial portals or Sarafa market listings, as prices remain volatile yet attractive amid the bullish trend.
In other news read more about Gold, Silver Prices in Pakistan Reach Record Highs Amid Global Demand
The recent spike highlights silver’s continued relevance as both an investment and industrial commodity, making the silver rate a key indicator for traders and buyers in Pakistan.
