| Unit / Purity | Price (PKR) |
|---|---|
| 1 Tola (24K) | 8,871.8 |
| 1 Tola (22K) | 8,132.5 |
| 10 Grams (24K) | 7,594.3 |
| 10 Grams (22K) | 6,961.4 |
| 1 Gram (24K) | 759.4 |
| 1 Gram (22K) | 696.1 |
Silver, or “Chandi,” has long been a staple in Pakistani culture and economics. From intricate jewelry worn at weddings to a reliable investment hedge against inflation, this precious metal holds significant value for many.
Unlike gold, which often dominates financial headlines, silver offers a more accessible entry point for investors and remains an essential industrial commodity. Understanding the daily fluctuations in silver prices is crucial for traders, jewelers, and everyday buyers alike.
This guide provides an overview of the current silver rates in Pakistan, breaks down the pricing by weight, and explores the historical trends that shape the market.
1 Tola Silver Price in Pakistan Today
The most common unit of measurement for precious metals in Pakistan is the “tola.” As of today, the price for 1 tola of silver stands at Rs. 8,424.
This rate is often the benchmark used by local jewelers in Sarafa bazaars across Karachi, Lahore, Islamabad, and other major cities. It is important to note that while this is the base market rate for the metal itself, purchasing jewelry will incur additional making charges (“banwai”).
Silver Rates Today
To help you calculate the value based on different weights, here is a detailed breakdown of the current silver rates. Whether you are looking to buy a small ring or invest in bullion, these figures provide the necessary baseline.
| Weight | Price (PKR) |
|---|---|
| Per 1 Gram | Rs. 722.23 |
| Per 10 Grams | Rs. 7,222.35 |
| Per Tola | Rs. 8,424 |
| Per Ounce | Rs. 22,572.35 |
10 Gram Silver Price in Pakistan
For those accustomed to international standards or digital trading where grams are the preferred unit, the price for 10 grams of silver is currently Rs. 7,222.35. This unit is increasingly popular among younger investors and those purchasing silver coins.
10 Tola Silver Price in Pakistan Today
Larger investors or those commissioning substantial jewelry sets often deal in multiples of tolas. Based on today’s single tola rate, the price for 10 tolas of silver is approximately Rs. 84,240. Buying in larger quantities sometimes allows for better negotiation on labor costs with jewelers, though the base metal rate remains consistent.
1 Kg Silver Price in Pakistan
Industrial buyers and serious investors often look at the kilogram price. To calculate this, one would multiply the 1-gram price (722.23) by 1,000. Consequently, the price for 1 kilogram of silver is approximately Rs. 722,230.
Chandi Rate in Pakistan Today Per Tola (24 Carat)
When discussing the “Chandi rate per tola,” purity is a significant factor. The rates listed above generally refer to 24-carat silver, which is the purest form (99.9%).
- 24 Carat: Used for investment bars and coins. It is too soft for most jewelry.
- Sterling Silver (925): Often used for jewelry and silverware. The rate for sterling silver will be slightly lower than the 24-carat rate, though the craftsmanship costs are usually higher.
When visiting the market, always clarify whether the quoted price is for “Tezabi” (pure) silver or a different alloy mixture.
Gold and Silver Rate in Pakistan Today
The relationship between gold and silver prices is often correlated, though they do not always move in perfect sync. Both metals serve as safe-haven assets during economic instability.
While gold is currently trading at significantly higher multiples, silver remains the “poor man’s gold,” offering similar protection against currency devaluation at a fraction of the cost. Investors often track the gold-to-silver ratio to determine which metal is currently undervalued. If the gap between the two widens historically, many analysts suggest buying silver as it may be poised for a correction upwards.
Silver Price Last 10 Years in Pakistan
Looking back at the last decade, the trajectory of silver prices in Pakistan has been largely upward, driven primarily by the depreciation of the Pakistani Rupee (PKR) against the US Dollar.
Ten years ago, silver rates were significantly lower. However, global economic shifts, industrial demand for silver in electronics and solar panels, and local inflation have all contributed to a steady rise.
- Currency Devaluation: As the PKR weakens, the cost of importing precious metals rises, directly increasing the local price of silver.
- Industrial Demand: Unlike gold, silver has massive industrial applications. As demand grows for green technologies (like solar cells), the global price of silver receives support, impacting local rates.
- Inflation: For Pakistani citizens, holding physical assets like silver has been a historical method to preserve purchasing power over the long term.
Making Smart Investment Decisions
Investing in silver requires keeping a close eye on daily fluctuations. The rates change based on international market trends and currency exchange rates.
If you are planning to buy, always check the live rates from a reputable source or your local Sarafa bazaar association. Remember that physical silver requires safe storage and may incur selling costs (spreads) when you decide to liquidate. However, as a tangible asset, it remains a cornerstone of financial security for many households across the country.
Whether you are buying a set of silver bangles or a 1kg bullion bar, knowing the exact calculations per gram and per tola ensures you get fair value for your money.