Karachi, February 13, 2026 – Silver prices in Pakistan remained steady today, with the chandi rate holding at Rs. 11,502 per tola, reflecting continued consolidation in the domestic bullion market amid stable global precious metals trends and sustained local demand. The stability follows recent market fluctuations and highlights silver’s resilience within the current economic environment.
According to Sarafa market updates in Karachi and other major cities, silver is trading at Rs. 9,859 per 10 grams and Rs. 985.9 per gram. The local pricing structure remains closely aligned with international spot silver movements and currency exchange dynamics, particularly the Pakistani rupee’s performance against the US dollar. Market analysts note that silver continues to attract attention as both a safe-haven asset and an essential industrial metal, balancing investment and consumption demand.
The firmness in silver prices mirrors the steady performance of gold in Pakistan, where 24K gold is currently priced at Rs. 528,562 per tola. The interconnected movement of gold and silver often reflects broader precious metals market stability, as investors use both assets for hedging against inflation, currency volatility, and economic uncertainty.
Several key factors are supporting silver prices in Pakistan. A strong correlation with gold remains a primary driver, as consistent international gold levels help stabilize silver valuations. Global spot silver rates have maintained balanced trading ranges, directly influencing local bullion rates after factoring in import costs, duties, and exchange rate adjustments. In addition, steady industrial demand continues to underpin the metal’s value, with silver playing a critical role in solar panels, electric vehicles, electronics manufacturing, and renewable energy technologies.
Domestic market participation also remains steady, with Pakistani investors and jewelers maintaining interest in silver as a more affordable alternative to gold. Its relative accessibility compared to gold makes it attractive for small-scale investors seeking portfolio diversification and inflation protection. This ongoing participation has helped sustain today’s stable trend across Sarafa markets.
Market experts describe silver as inherently volatile yet fundamentally strong, noting that recent price swings have eased into a consolidation phase supported by both investment interest and industrial consumption. However, bullion prices can change rapidly in response to global economic developments, currency fluctuations, and shifts in international commodity markets.
The current silver rates in Pakistan stand at Rs. 985.9 per gram for fine or pure silver, Rs. 9,859 per 10 grams, and Rs. 11,502 per tola as the standard market rate. Buyers and investors are advised to verify live Sarafa market prices before executing transactions, as real-time fluctuations can impact final trading values.
