Silver Price in Pakistan Today 23 February 2026 – Updated Rates
Silver price in Pakistan continue to fluctuate in line with international bullion market trends. As of Monday, 23 February 2026, the latest update from the local bullion market shows that silver is trading at Rs. 8,840 per tola (bidding rate), while the asking rate is slightly higher.
Silver remains an affordable investment option compared to gold. Many small investors, traders, and jewelry buyers closely monitor daily silver prices to make better financial decisions.
In this detailed post, you will find today’s silver rate per tola, per gram, city-wise trend, purity details, recent price movement, and the main factors affecting silver prices in Pakistan.
Silver Price in Pakistan Today – 23 February 2026
According to the latest market data:
- Silver (Per Tola) – Bidding: Rs. 8,840
- Silver (Per Tola) – Asking: Rs. 8,980
The difference between bidding and asking rate represents the market spread. Jewelers and bullion dealers adjust rates depending on supply and demand.
Silver Rate Per 10 Gram in Pakistan
Silver is commonly traded in tola, but many buyers also prefer checking per 10 gram prices.
Based on the current rate:
- Silver Per 10 Gram (Approx.): Rs. 7,580 – Rs. 7,700
Prices may slightly vary in different cities due to transportation cost and local association adjustments.
Silver Price Per Gram in Pakistan
For small quantity buyers and jewelry customers:
- Silver Per Gram (Approx.): Rs. 758 – Rs. 770
Retail prices may include making charges and additional costs.
City Wise Silver Rates in Pakistan
Silver rates across major cities generally follow the Karachi bullion market trend, with small differences.
Karachi
Karachi is the main hub of bullion trading. Most cities follow the rate issued here.
Lahore
Prices are usually close to Karachi with minor variation.
Islamabad
Capital city rates may be slightly higher due to market demand.
Peshawar and Quetta
These cities also follow Karachi’s benchmark with minor changes.
Overall, the difference between cities is usually small unless there is sudden market volatility.
Silver Market Trend – Recent Days Analysis
Silver prices have shown moderate movement during the past two weeks. While gold saw sharper fluctuations, silver remained relatively stable but still reacted to global changes.
Silver prices are affected by:
- International silver market movement
- Dollar to rupee exchange rate
- Industrial demand
- Local buying interest
When global precious metal prices rise, silver usually follows gold’s direction.
Silver Purity Guide in Pakistan
Understanding silver purity is important before buying.
- Silver 999 (Fine Silver): 99.99% pure
- Silver 925 (Sterling Silver): 92.5% pure
- Silver 900: 90% pure
- Silver 800: 80% pure
Fine silver (999) is usually used for investment and bullion bars. Sterling silver (925) is commonly used for jewelry.
Difference Between Bidding and Asking Rate
Many buyers get confused between bidding and asking prices.
- Bidding Rate: Price at which dealers are willing to buy silver.
- Asking Rate: Price at which dealers sell silver.
The difference is the dealer’s margin. For investors, it is important to consider this gap before buying or selling.
Why Silver Prices Change Daily
Silver prices do not remain fixed. They change multiple times during the day due to several factors.
1. International Market
Pakistan imports silver. So, global silver prices directly affect local rates.
2. Dollar Exchange Rate
If the US dollar becomes expensive against the Pakistani rupee, silver prices increase locally.
3. Industrial Demand
Silver is widely used in electronics, solar panels, medical equipment, and other industries. Higher industrial demand can push prices up.
4. Gold Price Movement
Silver often follows gold’s trend. If gold prices rise sharply, silver usually moves upward too.
Silver vs Gold – Which Is Better Investment?
Silver is much cheaper than gold, which makes it attractive for small investors. However, silver can be more volatile compared to gold.
Gold is considered more stable and safer during economic uncertainty. Silver, on the other hand, offers higher growth potential but with slightly more risk.
Investors usually diversify by investing in both metals.
Is It Good Time to Buy Silver?
Current silver prices are stable compared to recent fluctuations. If international markets remain steady and the dollar does not rise sharply, silver may continue trading in the current range.
For long-term investors, gradual buying during stable periods is often considered a safer approach.
However, short-term traders should closely monitor daily updates.
Important Tips Before Buying Silver
- Always confirm the latest rate before making payment.
- Check the purity stamp (999 or 925).
- Ask about making charges if buying jewelry.
- Keep purchase receipt for future resale.
Silver rates can change during the day, especially when international markets are active.
Silver in Pakistan – Demand and Usage
In Pakistan, silver is used for:
- Jewelry
- Utensils
- Decorative items
- Investment bars and coins
During wedding season, demand for silver jewelry and gifts usually increases. Industrial usage globally also impacts overall pricing.
Future Outlook of Silver Prices
Market analysts believe silver prices may remain sensitive to:
- Global economic uncertainty
- Inflation trends
- Interest rate decisions
- US dollar strength
If global inflation continues or the dollar weakens internationally, silver prices may rise. However, sudden economic stability could limit upward movement.
Investors should monitor both local and international updates regularly.
Conclusion – Silver Price in Pakistan Today 23 February 2026
As of 23 February 2026, the silver price in Pakistan stands at Rs. 8,840 per tola (bidding rate). The per gram price is approximately Rs. 758 to Rs. 770, depending on the market and city.
Silver remains an accessible and popular precious metal for small investors and jewelry buyers. While prices fluctuate due to global and local factors, staying updated helps you make better buying and selling decisions.
Always verify the latest silver rate from your local bullion dealer before completing any transaction. Keeping an eye on daily market movement ensures smarter investment planning.
