Silver Price In Pakistan Today

Silver Price In Pakistan Today

Silver is considered the “poor man’s gold” due to its affordability and extensive use in jewelry, ornaments, and industrial applications, making it significant in the Pakistani market. Local demand, international market trends, currency rates, and economic conditions influence the silver rates in Pakistan. The silver rate is Rs. 3464 for 10 grams and Rs. 4041 for 1 tola. The article provides daily updates on silver prices in major cities like Karachi, Islamabad, Lahore, Peshawar, Rawalpindi, Quetta, and Faisalabad.

Compare With: Italian silver rate in Pakistan

چاندی کو اس کی سستی اور زیورات، زیورات اور صنعتی استعمال میں وسیع استعمال کی وجہ سے “غریب آدمی کا سونا” سمجھا جاتا ہے، جس کی وجہ سے یہ پاکستانی مارکیٹ میں نمایاں ہے۔ مقامی طلب، بین الاقوامی مارکیٹ کے رجحانات، کرنسی کی شرحیں، اور معاشی حالات پاکستان میں چاندی کی قیمتوں کو متاثر کرتے ہیں۔ چاندی کا ریٹ روپے فی تولہ ہے۔ 10 گرام کے لیے 3464 اور روپے۔ 1 تولہ میں 4041۔ یہ مضمون کراچی، اسلام آباد، لاہور، پشاور، راولپنڈی، کوئٹہ اور فیصل آباد جیسے بڑے شہروں میں چاندی کی قیمتوں کے بارے میں روزانہ اپ ڈیٹ فراہم کرتا ہے۔

Price Of Silver in Pakistan

Factors Affecting on Silver Rate in Pakistan

Some of the major factors that influence the daily and long-term silver rates in Pakistan are as follows͏:

Global Market Trends

Silver prices in Pakistan are pegged to international silver prices. Any variation in the global market—be it a supply-demand gap, geopolitical tensions, or an economic shift — will reflect directly on the local rate.

Currency Exchange Rate

The play between the Pakistani Rupee and the US Dollar matters a lot. Since silver is mostly dealt with all over the world in USD, if the Rupee falls, then silver becomes costly in Pakistan.

Domestic Demand and Supply

In wedding seasons or any religious event like Muharram or Eid, there is a high demand for silver jewelry and accessories, resulting in increased prices. A decrease in demand can also decrease prices.

Price Of Silver In Previous Days

Price of Silver in Major Cities

Silver Rate Fluctuation In Pakistan

• International spot prices of silver increased by $0.39 to $37.77/oz on account of commodity demand and market sentiment, which is reflected in Pakistan after conversion via PKR/USD exchange rates.
• Volatility in the PKR/USD exchange rate. A weaker Pakistani Rupee will cause higher local prices because globally, silver is priced in USD. 
• Local spikes often happen around weddings or religious festivals. Speculative buying can also play a role in these short-term surges.

Silver Rate Consumption in Pakistan

 Volume & Growth

 In 2024Pakistan used about 1.3 kilotonnes of semi-made silver, which makes up nearly 6% of the total silver usage in the Asia-Pacific area, with a normal yearly volume growth of 3.8% from 2013 to 2024.

Main Consumption Sectors

• Jewelry & Silverware Jewelry remains a main force for local silver usage, liked in classic and ceremonial settings.
• The jewelry market of Pakistan was valued at US$1.40 billion by 2025, with major shares being contributed by silver to that revenue.

Applications in Industries

• Silver has widespread applications in electronics, photovoltaic cells (solar), and medical devices. Also, there is significant growth in automotive components.
• The industrial application represents consumption of about 60% usage regionally and globally—technologies that consume the most are solar and EV.

Conclusion

Silver is a crucial component of Pakistan’s economy, valued for its affordability and extensive applications in jewelry, ornaments, and various industrial sectors. The price of silver in the country is influenced by several factors, including fluctuations in global silver markets, the exchange rate between the Pakistani Rupee (PKR) and the US Dollar (USD), and domestic demand, which tends to rise during cultural events. With the growing use of silver in industry and a steady demand from consumers, it remains an important commodity in Pakistan.

چاندی پاکستان کی معیشت کا ایک اہم جز ہے، جس کی قیمت اس کی سستی اور زیورات، زیورات اور مختلف صنعتی شعبوں میں وسیع پیمانے پر استعمال کی جاتی ہے۔ ملک میں چاندی کی قیمت کئی عوامل سے متاثر ہوتی ہے، بشمول عالمی چاندی کی منڈیوں میں اتار چڑھاؤ، پاکستانی روپے (PKR) اور امریکی ڈالر (USD) کے درمیان شرح مبادلہ، اور ملکی طلب، جو ثقافتی تقریبات کے دوران بڑھتی ہے۔ صنعت میں چاندی کے بڑھتے ہوئے استعمال اور صارفین کی مسلسل مانگ کے ساتھ، یہ پاکستان کے اندر ایک اہم شے بنی ہوئی ہے۔

FAQ’s

Why does the silver price change daily in Pakistan?
Silver prices change based on global market trends, currency exchange rates, and local demand.

What is the current silver rate per tola in Pakistan?
As of today, the silver rate is approximately Rs. 4,017.97 per tola.

Which cities in Pakistan have the highest silver rates?
Rawalpindi and Faisalabad currently have the highest silver prices per tola.