Pakistan’s Silver Rate has risen sharply today, reaching Rs. 14,304 per tola. This marks a significant recovery after recent market corrections. The rebound is driven by global silver momentum and renewed local investor interest.
Current prices show Rs. 12,260 per 10 grams and Rs. 1,226 per gram, reflecting gains fueled by international spot silver strength and its correlation with gold. Analysts note that the metal has seen volatile swings in recent weeks, with sharp dips followed by this notable uptick as safe-haven demand returns.
The surge mirrors gold’s recovery, with 24K gold climbing toward Rs. 529,000 per tola. Investors see silver as an accessible precious asset amid economic uncertainty and fluctuating markets.
Factors Driving the Silver Rate Increase in Pakistan:
- Correlation with Gold Rally – Gold’s sharp rebound in international markets has lifted silver prices locally. Both metals attract hedging and diversification flows during market uncertainty.
- Global Spot Silver Strength – International silver prices have rebounded, boosting local PKR rates due to import costs and exchange rate dynamics.
- Industrial Demand – Silver’s applications in electronics, solar panels, electric vehicles, and renewable energy continue to support prices, creating underlying bullish trends.
- Local Market Sentiment – After recent corrections, Pakistani investors and jewelers are showing renewed interest in silver as an inflation hedge and an affordable alternative to gold.
Analysts warn that silver remains volatile, with earlier gains reversed before this rebound. Its dual appeal as both a precious metal and industrial commodity keeps it attractive for investors and traders. Buyers are advised to check live Sarafa market quotes before making transactions, as rates can shift rapidly.
Current Silver Rate in Pakistan (February 4, 2026):
- 1 Gram: Rs. 1,226
- 10 Grams: Rs. 12,260
- 1 Tola: Rs. 14,304
These rates are based on the latest Karachi Sarafa reports and reflect standard market prices.
In other news read more about: Today’s Gold And Silver Rates in Pakistan — Per Tola Gold Price (Feb 1, 2026)




