Silver Rate in Pakistan Today (Per Tola & Gram)
Silver Rate in Pakistan Today — Per Tola & Per Gram
Like gold, silver in Pakistan is priced daily by the Sarafa Association network and quoted at 999-fine purity by default. The table below shows today’s silver price across the three weights buyers use most.
| Weight | Price (PKR) |
|---|---|
| 1 Tola | Rs. 3,850 |
| 10 Grams | Rs. 3,301 |
| 1 Gram | Rs. 330 |
Source: Karachi Sarafa Jewellers Association-linked rate, updated Friday, 17 July 2026, 06:00 PM PST.
Why Silver Is Cheaper Than Gold — By How Much?
Today, one tola of 24K gold buys roughly 110.6 tolas of silver — this is known as the gold-silver ratio, and investors watch it as a signal of relative value between the two metals. A historically high ratio (gold expensive relative to silver) is sometimes read as silver being undervalued, and vice versa, though the ratio alone shouldn’t be the only factor in an investment decision. See our full gold vs silver comparison for more context.
What Drives Pakistan’s Silver Price
Silver's price moves with the same broad forces as gold — international spot price (XAG/USD), the USD/PKR exchange rate, and local demand — but tends to be more volatile day to day because the global silver market is smaller and more industrially driven (electronics, solar panels, and other manufacturing uses) than gold's largely investment- and jewellery-driven demand.
Buying Silver in Pakistan
Silver jewellery, cutlery and coins are widely available at the same Sarafa Bazaars that trade gold. As with gold, ask for the hallmark/purity stamp (999 for fine silver, 925 for sterling) and get making charges itemised separately from the metal value.
Frequently Asked Questions
What is the silver rate in Pakistan today?
Today’s silver rate in Pakistan is Rs. 3,850 per tola.
What is the gold-silver ratio right now?
At current rates, the gold-silver ratio is roughly 110.6:1 — meaning it takes about 110.6 tolas of silver to equal the value of one tola of gold.
Is silver a good investment in Pakistan?
Silver can diversify a precious-metals portfolio and is more accessible at lower budgets than gold, though it is typically more volatile and carries lower long-term liquidity than gold in the local market.
Is silver a good investment compared to gold in Pakistan?
Both have a place in a diversified precious-metals holding; silver is more affordable per unit and more volatile, while gold is the more established long-term store of value. See our gold vs silver comparison for a fuller breakdown.
What purity is standard silver jewellery in Pakistan?
Sterling silver (92.5% pure, marked 925) is the most common standard for jewellery, while coins and bars are often closer to 999 fine.
Why Silver Is Gaining Attention Among Pakistani Investors
Silver has traditionally played second fiddle to gold in Pakistani households, but rising gold prices have pushed many first-time investors toward silver as a lower-cost entry point into precious metals. Silver is also more industrially consumed (electronics, solar panels) than gold, which means its price can move somewhat independently of gold during certain market cycles — a factor worth understanding before treating the two as interchangeable investments.
How to Buy Silver in Pakistan
- Silver is sold through the same Sarafa Bazaar network as gold, priced per tola or gram at the day's rate.
- Ask specifically for "chandi" (silver) purity — sterling (925), fine (999) and coin (900) grades all trade at slightly different rates.
- Silver jewellery and utensils typically carry lower making charges than gold, proportionally, since the base metal cost is much smaller.
Can I buy silver bars for investment in Pakistan?
Yes, silver bars and coins in various weights are available through bullion dealers and some banks, priced close to the day's raw silver rate.
Does silver tarnish, and does that affect resale value?
Silver can tarnish with air exposure but this is a surface effect that doesn't affect the underlying metal value; a jeweller will clean and re-test purity before any buyback.
Factors That Move Silver Prices Specifically
- Industrial demand from electronics, solar panel manufacturing, and other applications, which gold doesn't share to the same degree.
- Investment demand shifts, often correlated with — but not identical to — gold investment demand.
- USD/PKR exchange rate, exactly as with gold.
Silver Jewellery vs. Silver Investment Pieces
Sterling silver (925) jewellery carries design and making charges similar in principle to gold jewellery, while investment-grade silver bars or coins (999 fine) are priced much closer to the raw metal value — the same investment-vs-jewellery logic that applies to gold applies here too.