The Silver Rate in Pakistan has surged to new local highs, driven by strong global demand and rising international prices. Today, chandi ka rate stands at Rs. 11,640 per tola, reflecting steady growth in the domestic market.
This increase follows a Rs. 212 rise per tola in recent days. The 10-gram rate also climbed to Rs. 9,979. Over the past week, silver prices in Pakistan have gained nearly 14% in PKR terms, outperforming many other assets. Investors are increasingly viewing silver as a safe option amid economic uncertainty.
Analysts attribute the rise in the Silver Rate to multiple factors. International silver prices recently surpassed $111 per ounce. As a result, imported silver costs in Pakistan have risen, influenced by USD/PKR exchange fluctuations.
Gold prices remaining near record highs have also contributed. With 24K gold above Rs. 530,000 per tola locally, investors are diversifying into more affordable precious metals like silver. Its dual role as both a precious and industrial metal has further strengthened demand.
Industrial use is another key factor. Silver is widely used in solar panels, electric vehicles, electronics, and other green technologies. Rising demand from these sectors is creating supply shortages, supporting the long-term bullish trend in the market.
Local uncertainties, inflation, and rupee depreciation are amplifying price movements, making silver an attractive choice for jewelers and investors alike. Analysts warn that rates can fluctuate quickly, so checking live Sarafa market quotes is essential before making purchases.
Current approximate silver rates in Karachi are: 1 gram – Rs. 997.9, 10 grams – Rs. 9,979, and 1 tola – Rs. 11,640. Minor variations may occur depending on location and dealer, so verification with local jewelers is recommended.
With global and local factors favoring precious metals, the Silver Rate in Pakistan is expected to remain strong, attracting both investors and buyers seeking reliable hedges.
In other news read more about: Silver Rate in Pakistan Surges Amid Global Precious Metals Rally
