Karachi, April 7, 2026 – Silver prices in Pakistan have maintained robust momentum today, with the rate for chandi recorded at Rs. 7,622 per tola. This steady performance reflects ongoing strength influenced by international precious metals markets and active domestic demand. The trend continues a recent pattern of positive movement, as silver remains sensitive to global market fluctuations.
Locally, silver is priced at Rs. 6,533 per 10 grams and Rs. 653.3 per gram. These rates are bolstered by international spot silver activity and its close correlation with gold prices. Silver continues to attract attention as both a practical safe-haven asset and an essential industrial metal amid the current economic environment.
Meanwhile, gold prices have shown stability, with local 24K gold trading around Rs. 499,500 per tola. This steady gold positioning underscores the interconnected dynamics between the two metals under prevailing market conditions.
Several factors are driving the rise in silver prices in Pakistan. A strong connection to the gold rally plays a significant role, as gold’s firm international spot price—hovering above $5,100 per ounce—and steady local rates encourage traders to combine both metals for diversification and protection.
In addition, international spot silver has maintained upward momentum, with elevated global levels quickly translating into higher local valuations through import costs and currency exchange effects. Industrial demand remains a reliable pillar supporting silver prices, given its critical applications in solar energy, electric vehicles, electronics, and clean energy sectors.
Locally, buyers and jewelers continue to show consistent interest in silver, viewing it as a cost-effective alternative to gold and a hedge against inflation. This sustained engagement has contributed to the firm trend observed in Karachi’s Sarafa markets today.
Analysts note that while silver prices can be volatile, the current phase is marked by steady strength, underpinned by investment appeal and industrial demand. They advise buyers and investors to consult live Sarafa market rates before making transactions, as prices remain responsive to both international developments and local conditions.
Current Silver Rates in Pakistan – April 7, 2026:
Weight – Rate (PKR) – Notes
1 Gram – 653.3 – Fine/Pure Silver
10 Grams – 6,533 – Fine/Pure Silver
1 Tola – 7,622 – Standard Rate
These rates are approximate and based on the latest Karachi Sarafa market data.
