Karachi, February 17, 2026 – The Silver Rate in Pakistan showed a mixed movement today as local markets reacted to cautious global trends and currency changes. According to Sarafa market data, silver settled around Rs10,703 per tola, reflecting a slight adjustment from previous sessions.
Market observers said the current Silver Rate is influenced by easing international spot silver prices and a relatively firm US dollar. These global factors often affect precious metals in Pakistan, as silver prices closely follow international trends.
The current local silver prices stand at approximately Rs10,703 per tola, Rs9,174 per 10 grams, and Rs917 per gram. Rates may vary slightly by city due to local demand and supply conditions. Sarafa dealers noted that some markets earlier quoted silver between Rs9,600 and Rs10,000 per tola before stabilizing near today’s level.
City-wise, Karachi reported silver at Rs10,703 per tola. Lahore recorded prices between Rs10,680 and Rs10,720, depending on the market. Islamabad saw rates ranging from Rs10,690 to Rs10,710. Other major cities followed a similar range with small variations.
Internationally, spot silver hovered around $74 to $76 per ounce. This range kept pressure on local pricing, as traders remained cautious about sudden shifts. Currency movements also played a role, as a stronger dollar makes precious metals more expensive in local terms.
Despite daily fluctuations, silver continues to attract buyers in Pakistan. Many investors consider silver a practical alternative to gold. It is more affordable and offers flexibility for small-scale investments.
The Silver Rate also remains important due to strong industrial demand. Silver is widely used in electronics, solar panels, medical equipment, and electric vehicles. These sectors provide steady long-term support for silver prices, even during market corrections.
Jewelry demand is another factor keeping silver relevant. During uncertain economic conditions, consumers often shift from gold to silver for ornaments and savings.
Experts advise buyers to track live Sarafa market updates before making purchases. The Silver Rate can change several times a day based on global prices and local trading activity.
In other news read more about Silver Rate in Pakistan Shows Mild Decline Amid Global Market Pullback
Overall, silver remains a stable and accessible asset for Pakistani investors. While short-term movements may continue, long-term demand from both investors and industries is expected to keep the market active.
