Karachi, May 22, 2026 – Silver prices in Pakistan have maintained a strong upward trajectory today, with the chandi ka rate reaching Rs. 7,910 per tola, driven by robust international trends and sustained local demand. This marks another day of firmness in the precious metals market, as silver continues to attract investors seeking safe-haven assets amid global economic uncertainties.
According to the Karachi Sarafa Association, the current rate for 10 grams of silver stands at Rs. 6,780, while the price per gram is Rs. 678. These figures reflect a steady alignment with international spot silver prices, which have remained elevated above $30 per ounce in recent sessions. The metal’s dual role as both a safe-haven investment and an industrial commodity has bolstered its appeal, particularly in light of ongoing challenges in the global economy.
The rally in silver is closely linked to gold’s performance, with local 24K gold rates hovering around Rs. 510,000 per tola. Analysts note that traders often use silver as a more affordable alternative to gold for portfolio diversification. “The correlation between gold and silver remains strong, and both are benefiting from inflationary pressures and geopolitical tensions,” said a commodities expert at Reuters.
Industrial demand has also been a key driver, with silver being essential in sectors such as solar energy, electronics, and electric vehicles. The global push towards renewable energy has significantly increased the need for silver in photovoltaic cells, while its use in semiconductors and medical devices continues to grow. This sustained industrial uptake is providing a floor for prices even during market downturns.
Local buyers and jewelers are showing active engagement, viewing silver as a hedge against inflation and a more accessible precious metal compared to gold. “Silver offers a lower entry point, making it attractive for small investors,” remarked a trader at the Al Jazeera market desk. The Sarafa markets across Pakistan, including those in Lahore and Islamabad, are reporting steady volumes.
Analysts caution that while the outlook remains positive, silver prices can be volatile due to their sensitivity to global market shifts and currency fluctuations. Buyers are advised to check live rates from reliable sources such as the Wikipedia – Silver as an investment page or local Sarafa associations before making transactions.
The table below summarizes the current silver rates in Pakistan (May 22, 2026):
1 Gram: Rs. 678
10 Grams: Rs. 6,780
1 Tola: Rs. 7,910
Note: Rates may vary slightly by city and dealer. It is recommended to verify with local jewelers for exact pricing.
Source: ARY News