Silver prices in Pakistan remained unchanged on Thursday, June 11, 2026, with the rate for one tola of fine silver steady at Rs 7,102 in the domestic market, according to the Karachi Sarafa Association. The precious metal continues to attract investors seeking low-cost alternatives to gold, while industrial demand from green technology sectors provides underlying support.
Current silver rates in Pakistan are as follows: one gram of fine silver is priced at Rs 608.70, ten grams at Rs 6,087, and one tola at Rs 7,102. These rates reflect the standard Sarafa market quotes and are subject to slight variations across different cities. The local gold price for 24 karat stands at Rs 430,000 per tola, indicating that silver remains significantly cheaper, trading at roughly 1.6% of gold’s value.
Market analysts note that silver often follows gold’s trajectory, and the current stability in gold prices has provided a base for silver. Traders and jewelry makers in Pakistan view silver as a hedge against inflation, especially in the Sarafa market where demand remains steady. The metal’s dual nature as both an investment and an industrial commodity continues to drive its relevance.
Globally, silver prices are influenced by several factors, including import costs and currency fluctuations. The metal’s consumption in solar panels, electric vehicles, electronics, and other renewable energy technologies is expected to sustain demand in the long term. According to Reuters, industrial demand for silver has been rising steadily, providing a floor for prices despite occasional volatility. Additionally, the BBC notes that silver has historically experienced boom-and-bust cycles, making it a less predictable asset compared to gold.
Many investors are closely watching silver prices ahead of the federal budget for fiscal year 2026-27, alongside gold prices. The budget may introduce changes in import duties or taxes that could affect precious metal prices. For those buying silver for investment, jewelry, or business purposes, daily monitoring is recommended.
Source: ARY News