Silver Price in Pakistan Today 03 January 2026 – Updated Per Tola & Gram Rates

Silver prices in Pakistan are gaining increased attention from investors, jewellers, and the general public due to rising inflation and market uncertainty. On Saturday, 03 January 2026, silver rates in Pakistan were updated according to the Karachi Sarafa Market, which serves as the main reference point for precious metal pricing across the country.
Silver is widely used in Pakistan for jewellery, utensils, industrial purposes, and investment, especially by small investors who consider silver a more affordable alternative to gold. Daily silver price updates help buyers and traders make informed decisions in a fast-changing market. This report covers today’s silver price in Pakistan, including per tola, per gram, per 10 grams, purity details, city-wise rates, and market analysis.
Silver Price in Pakistan Today (03 January 2026)
According to the latest Sarafa Market update, the silver price in Pakistan today stands as follows:
- Silver Price per Tola: Rs. 7,493
- Silver Price per 10 Grams: Rs. 6,422
- Silver Price per Gram: Rs. 642
- Silver Price per Ounce: Rs. 19,915
These prices apply across Pakistan, with slight differences possible depending on city-level demand and jewellers’ margins.
Today Silver Rates by Weight
Silver in Pakistan is commonly traded in multiple weight categories. Below are the updated rates for today:
Silver Price per Tola
- Rs. 7,493
Silver Price per 10 Grams
- Rs. 6,422
Silver Price per Gram
- Rs. 642
Silver Price per Ounce
- Rs. 19,915
These rates are based on fine silver (999 purity) unless stated otherwise.
Silver Rates in Major Cities of Pakistan
Most cities in Pakistan follow the Karachi Sarafa Market trend for silver pricing. Today’s approximate city-wise silver rates are:
- Karachi: Rs. 7,493 – 7,513 per tola
- Lahore: Rs. 7,500 – 7,520 per tola
- Islamabad: Rs. 7,505 – 7,525 per tola
- Peshawar: Rs. 7,510 – 7,530 per tola
- Quetta: Rs. 7,515 – 7,535 per tola
Minor variations occur due to transportation costs and local market conditions.
Why Silver Prices Matter in Pakistan
Silver holds an important place in Pakistan’s precious metals market. While gold dominates large investments, silver is preferred by small investors and traders due to its lower price and higher affordability.
Silver is commonly used for:
- Jewellery and ornaments
- Decorative and household items
- Industrial and electrical applications
- Long-term and short-term investment
As inflation rises, many people turn to silver as a store of value, increasing its demand in the local market.
Silver Price Trend – Recent Market Overview
Over the past few months, silver prices in Pakistan have shown steady upward movement, supported by global silver demand and currency fluctuations. While silver does experience short-term corrections, its long-term trend remains positive due to increasing industrial use and investment interest.
Market analysts believe that silver prices may continue to remain firm in 2026 if global economic uncertainty persists.
Factors Affecting Silver Price in Pakistan
Several factors influence daily silver rates in Pakistan:
1. International Silver Market
Global silver prices directly impact local rates. Any change in international bullion markets reflects quickly in Pakistan.
2. Dollar to Rupee Exchange Rate
Silver is traded globally in US dollars. A weaker Pakistani rupee increases silver prices locally.
3. Industrial Demand
Silver is widely used in electronics, solar panels, and medical equipment, which increases global demand.
4. Inflation and Economic Conditions
During inflationary periods, investors prefer precious metals, pushing silver prices upward.
Silver Purity Explained
Understanding silver purity is essential before buying:
- Silver 999 (Fine Silver): 99.99% pure
- Silver 925 (Sterling Silver): 92.5% pure
- Silver 900: 90% pure
- Silver 800: 80% pure
Higher purity silver has better resale value and investment appeal.
Silver vs Gold – Which is Better in 2026?
Silver and gold both serve as safe-haven assets, but silver has some unique advantages:
- More affordable for small investors
- Higher industrial demand
- Greater price volatility, offering trading opportunities
Gold, on the other hand, remains more stable and is preferred for long-term wealth preservation. Many experts suggest maintaining a balanced portfolio with both metals.
Is Today a Good Time to Buy Silver?
Market experts believe that silver prices are still relatively affordable compared to gold. For investors with limited capital, silver offers a good entry point into precious metals.
Long-term investors may consider gradual buying, while short-term traders should monitor international market trends closely.
Important Tips for Silver Buyers
- Buy silver from reputable jewellers
- Always confirm purity and weight
- Check daily Sarafa Market rates
- Avoid emotional buying during sudden price spikes
Silver rates mentioned above are indicative and based on Sarafa Market updates. Prices may change during the day without prior notice. pave.com.pk does not buy or sell silver and is not responsible for any financial transaction made based on these rates.

What is the price of 1 tola silver in Pakistan?
The price of 1 tola silver in Pakistan on 03 January 2026 is Rs. 7,493, according to the Karachi Sarafa Market. This rate is based on fine silver (999 purity) and is followed across major cities such as Karachi, Lahore, Islamabad, and Peshawar. Minor differences may occur due to local demand, transportation costs, and jewellers’ margins.
What is the silver price expected to be in 2026?
Silver prices in 2026 are expected to remain firm with possible upward movement, mainly due to rising industrial demand, global economic uncertainty, and inflationary pressures. Experts believe that increased use of silver in electronics, renewable energy, and medical industries could support higher prices. In Pakistan, the silver price will also depend on the PKR to USD exchange rate and import costs, which may keep rates elevated throughout the year.
How much is 1 tola in silver?
One tola of silver is equal to 11.664 grams. This measurement is commonly used in Pakistan and South Asia for trading precious metals. When calculating silver prices, jewellers and traders convert international gram-based prices into tola to match local market practices.
How much silver is 1 kg?
One kilogram of silver is equal to 1,000 grams, which is approximately 85.73 tolas. This conversion is important for bulk buyers, investors, and traders dealing in larger quantities of silver. The price of 1 kg silver in Pakistan is calculated by multiplying the per-gram or per-tola rate with the total weight.
Conclusion – Silver Price in Pakistan Today 03 January 2026
The silver price in Pakistan today, 03 January 2026, stands at Rs. 7,493 per tola. With rising inflation, increasing industrial demand, and global market uncertainty, silver continues to attract attention as a reliable and affordable precious metal. Investors and buyers are advised to stay updated with daily silver prices and market trends before making any decision.
For daily silver and gold rate updates, market analysis, and financial news, keep visiting pave.com.pk.









