Karachi, May 15, 2026 — Silver prices in Pakistan have exhibited a firm upward trend today, with the chandi ka rate surging to Rs. 9,295 per tola, driven by robust international precious metals trends and active local demand. This marks a continuation of the recent positive momentum in the silver market, which remains highly responsive to global cues and safe-haven buying interest.
According to the latest figures from the Karachi Sarafa market, silver is priced at Rs. 7,967 per 10 grams and Rs. 796.7 per gram. These rates are closely linked to international spot silver prices, which have maintained elevated levels, reinforcing the metal’s appeal as both a safe-haven asset and an essential industrial resource. The firmness in silver aligns with gold’s steady positioning, with local 24K gold trading around Rs. 510,000 per tola, highlighting the synchronized dynamics between the two precious metals.
Several key factors are driving the silver price increase in Pakistan. Firstly, silver is benefiting from a strong correlation with gold’s rally, as international spot gold remains above $5,100 per ounce, encouraging traders to diversify into silver. Secondly, international spot silver momentum has been robust, with global prices hovering in elevated ranges, swiftly impacting local valuations through import costs and currency fluctuations. Thirdly, reliable industrial demand for silver in sectors such as solar panels, electric vehicles, electronics, and clean energy continues to support prices across various market conditions. Finally, local buyer engagement remains steady, with Pakistani acquirers and jewelers viewing silver as an effective hedge against inflation and a relatively affordable precious metal compared to gold.
Analysts emphasize silver’s oscillating yet promising nature, noting that recent movements have sustained a steady phase upheld by investment attractiveness and core industrial fundamentals. They advise buyers and investors to always verify live Sarafa market quotes before transactions, as prices respond quickly to international shifts and local conditions. For the most accurate real-time silver rates, trusted platforms like Hamariweb, UrduPoint, or local Sarafa markets are recommended.
In the current precious metals environment, silver continues to present interesting opportunities for both investors and industrial buyers. Staying updated on market movements can enable well-timed decisions. The table below summarizes the latest silver rates in Pakistan as of May 15, 2026.
Current Silver Rates in Pakistan (May 15, 2026)
Weight Rate (PKR) Notes
1 Gram 796.7 Fine/Pure Silver
10 Grams 7,967 Fine/Pure Silver
1 Tola 9,295 Standard Rate
Rates are approximate and based on latest Karachi Sarafa/local reports.
Source: ARY News