Silver Price in Pakistan Today 02 March 2026 – Latest Rates
Silver prices in Pakistan are showing steady movement in March 2026. Investors, jewelry buyers, and traders are closely watching the bullion market as both gold and silver remain important metals for savings and trading.
According to the latest update from the Karachi Saraf Jewellers Association, the silver price in Pakistan today 02 March 2026 is trading between Rs. 9,840 (bidding) and Rs. 9,990 (asking) per tola in the open market.
If you are searching for the latest silver rate per tola, per 10 gram, or city-wise silver prices, this detailed post covers everything in simple and clear language.
Silver Price in Pakistan Today 02 March 2026
As of Monday, 02 March 2026, the updated silver rates are:
- Silver per Tola: Rs. 9,840 – Rs. 9,990
- Silver per 10 Gram (approx): Rs. 8,440 – Rs. 8,580
- Silver per Gram (approx): Rs. 844 – Rs. 858
The difference between bidding and asking rates depends on dealer margins and local market demand.
Silver rates are updated daily and may change multiple times during the day depending on international market conditions and currency fluctuations.
Silver Rate in Major Cities of Pakistan
Like gold, silver rates across Pakistan follow the trend set by the main bullion market in Karachi. Other major cities usually show minor differences due to transportation costs and local demand.
Estimated silver per tola rates in major cities:
- Lahore: Around Rs. 9,860 – Rs. 10,010
- Islamabad: Around Rs. 9,880 – Rs. 10,020
- Peshawar: Around Rs. 9,900
- Quetta: Around Rs. 9,920
Although small variations exist, the main rate is driven by Karachi’s bullion market.
Silver Purity Details 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 (German Silver): 80% pure
Most investment-grade silver bars are 999 purity. Jewelry and decorative items are usually made with 925 sterling silver.
Higher purity means higher value.
Silver Price Trend – Last 15 Days Overview
Silver prices have remained relatively stable compared to gold. However, slight increases were observed due to international market movement.
Recent trend analysis shows:
- Mid February 2026: Around Rs. 9,500 per tola
- Late February 2026: Around Rs. 9,700 per tola
- 02 March 2026: Rs. 9,840 – Rs. 9,990 per tola
This gradual increase reflects global demand and dollar exchange rate movement.
Why Silver Prices Change in Pakistan
Silver prices in Pakistan depend on several factors:
1. International Silver Market
Silver is traded globally in US dollars. Any change in international silver prices directly affects Pakistan’s market.
2. Dollar Exchange Rate
If the US dollar becomes stronger against the Pakistani rupee, silver prices rise locally.
3. Industrial Demand
Silver is widely used in electronics, solar panels, and medical equipment. High industrial demand can increase prices.
4. Local Jewelry Demand
Wedding season and festive buying increase local demand, which can slightly push prices up.
Silver vs Gold – Which Is Better Investment in 2026?
Both silver and gold are considered safe assets, but they serve different purposes.
Gold
- Higher price per tola
- More stable long-term growth
- Preferred for wealth storage
Silver
- Lower entry price
- More affordable for small investors
- Higher industrial demand
In March 2026, gold is trading at historic highs, while silver remains comparatively affordable. Some investors prefer silver because it requires less capital and has growth potential if industrial demand increases.
Is It a Good Time to Buy Silver?
Silver prices are stable but gradually increasing. For long-term investors, silver can be a good diversification option.
Here are some simple tips:
- Always check the latest daily rate before buying.
- Confirm purity level (999 or 925).
- Buy from trusted dealers.
- Keep purchase receipts for future resale.
Silver prices can fluctuate, so short-term buyers should monitor market trends carefully.
Silver Investment Options in Pakistan
You can invest in silver through different options:
- Physical Silver Bars (999 purity)
- Silver Coins
- Silver Jewelry
- Bullion Trading through Dealers
Physical silver remains the most common investment method in Pakistan.
Economic Outlook for Silver in 2026
Global economic uncertainty and industrial expansion in renewable energy sectors may influence silver demand in 2026.
If international prices continue rising and the rupee remains under pressure, silver prices in Pakistan may increase further in coming months.
However, daily fluctuations are normal in the bullion market.
Important Disclaimer
Silver rates are issued by local Sarafa Associations and bullion dealers. Prices may change during the day depending on international rates. The figures mentioned above are for informational purposes only. Always verify current rates from your local market before making any buying or selling decision.
Final Summary – Silver Price in Pakistan Today 02 March 2026
- Silver per Tola: Rs. 9,840 – Rs. 9,990
- Silver per 10 Gram: Approx. Rs. 8,440 – Rs. 8,580
- Rates vary slightly by city but follow Karachi market trend
- Prices depend on international market and dollar exchange rate
Silver remains a strong alternative investment option in March 2026. Whether you are buying for jewelry, savings, or trading, staying updated with daily silver prices is essential for making informed decisions.
