Karachi, March 31, 2026 – Silver prices in Pakistan maintained a firm and steady stance today, with rates for chandi recorded between Rs. 7,311 and Rs. 7,341 per tola. This stability is largely influenced by international precious metals trends combined with consistent local demand. The market’s resilience follows recent fluctuations, as silver continues to react to global cues.
Locally, silver is priced at Rs. 6,275 to Rs. 6,292 per 10 grams and Rs. 627.5 to Rs. 629.2 per gram. These levels are bolstered by international spot silver activity and its close correlation with gold prices. The metal remains attractive as both a practical safe-haven asset and a critical industrial commodity in the current economic environment.
This steadiness in silver prices corresponds with gold’s positioning, with local 24K gold trading around Rs. 493,500 per tola. The synchronized movement between these two metals reflects ongoing market dynamics and investor sentiment.
Several key factors are driving silver’s price behavior in Pakistan. First, the strong connection to gold’s rally supports silver, as investors often combine both metals for protection and portfolio diversification. International spot silver has also maintained upward momentum, with elevated global spot levels quickly impacting local prices through import costs and currency exchange rates.
Moreover, silver’s essential role in industries such as solar energy, electric vehicles, electronics, and clean technology ensures steady demand, reinforcing its price stability across varying market conditions. Locally, buyers and jewelers continue to engage actively with silver, viewing it as a hedge against inflation and a more affordable alternative to gold, which sustains the firm trend in Sarafa markets today.
Analysts highlight silver’s fluctuating yet optimistic outlook, noting that recent price movements have preserved this steady phase. The metal’s investment appeal and industrial significance remain key supporting factors. Market participants are advised to consult live Sarafa market rates before making transactions, as prices can quickly adjust to international developments and local market shifts.
Current Silver Rates in Pakistan – March 31, 2026:
Weight – Rate (PKR) – Notes
1 Gram: 627.5 – 629.2 (Fine/Pure Silver)
10 Grams: 6,275 – 6,292 (Fine/Pure Silver)
1 Tola: 7,311 – 7,341 (Standard Sarafa Market Rate)
