Karachi, February 7, 2026 – Silver prices in Pakistan have shown relative stability today, with the chandi ka rate holding at Rs. 8,965 per tola—following a period of sharp corrections and partial recoveries in the local and international bullion markets. This level reflects a consolidation phase after earlier fluctuations driven by global spot adjustments.
Current local rates stand at Rs. 7,684 per 10 grams and Rs. 768.4 per gram, aligning with international silver movements and its close correlation with gold. While silver has experienced significant swings in recent weeks—sharp declines followed by modest rebounds—the current pricing remains influenced by broader precious metals sentiment.
The metal continues to serve as an attractive option for investors due to its affordability compared to gold and its strong industrial demand.
Key Factors Influencing Silver Prices in Pakistan Today
1. Correlation with Gold Movements – Gold’s recent rebound (local rates above Rs. 540,000 per tola and international spot around $4,900–$4,950/oz) provides supportive momentum for silver, though both metals have seen corrections from prior highs.
2. International Spot Dynamics – Global silver has stabilized after volatility (spot levels near $76–$80/oz in recent data), impacting local PKR rates through import costs and exchange rate factors.
3. Industrial Demand Support – Ongoing consumption in solar panels, electric vehicles, electronics, and renewable energy sectors continues to offer a solid foundation, helping limit deeper downside and supporting potential future upticks.
4. Local Market and Economic Factors – After recent sharp drops, Pakistani investors are monitoring silver closely as a hedge against inflation and currency fluctuations, contributing to today’s steadier tone in Sarafa markets.
Market observers note that silver’s recent performance has been highly volatile, with significant percentage changes in short periods. The current stabilization phase may precede further movement based on global cues.
Buyers and investors are advised to check live quotes from trusted sources before any transactions, as rates can adjust quickly with international developments and local demand.
Current Silver Rates in Pakistan February 7, 2026
| Weight | Rate (PKR) | Notes |
|---|---|---|
| 1 Gram | 768.4 | Fine/Pure Silver |
| 10 Grams | 7,684 | Fine/Pure Silver |
| 1 Tola | 8,965 | Standard Rate |
Rates are approximate and based on latest Karachi Sarafa/local reports