Silver Price in Pakistan Today 22 February 2026 – Updated Rates
Silver continues to be an important metal in Pakistan’s precious metals market. While gold often gets more attention, silver is widely used for jewelry, industrial purposes and as a reliable investment. As of Sunday, 22 February 2026, the latest silver price in Pakistan is being updated according to major Sarafa markets, including the Karachi Sarafa Association.
Here’s the latest silver price:
- Silver Rate (Bidding): Rs. 8,641 per tola
- Silver Rate (Asking): Rs. 8,661 per tola
These rates serve as a general guide for buyers and sellers and may slightly vary depending on local Sarafa associations and jewellers.
Understanding Today’s Silver Price
Silver price is affected by several factors:
- International silver market movements
- US Dollar to Pakistani Rupee exchange rates
- Local demand in jewelry and industry
- Global economic conditions
As silver is both an investment asset and an industrial metal, its price performance can differ from gold.
Silver Price Breakdown by Weight
Most traders and buyers in Pakistan use traditional units like tola and grams. Here’s how today’s silver price translates in different weights:
Silver Price Per Tola
- Silver (per tola): Approx Rs. 8,650
(Exact value may vary by Sarafa market and city)
Silver Price Per 10 Grams
To calculate silver price in grams, note that one tola is about 11.66 grams. Based on this:
- Silver per 10 grams: Approx Rs. 7,420
(This is a simple proportional estimate from the tola price)
Silver Price Per Ounce
Internationally, silver is also priced per ounce:
- Silver per ounce: About Rs. 239,800
(This changes daily with global market rates)
Note: These gram and ounce rates are derived estimates based on current tola rates and global conversion standards.
How Silver Price is Determined in Pakistan
Silver prices in Pakistan are primarily decided by Sarafa exchanges in key cities like Karachi, Lahore and Islamabad. These associations update prices multiple times during the day in response to global markets.
Silver prices depend on two key external benchmarks:
1. COMEX Silver Price
COMEX in the United States is the main international exchange for silver futures, and prices here influence local rates.
2. USD/PKR Exchange Rate
Since metals are traded internationally in USD, the strength of the dollar against Pakistani rupee affects local pricing.
Local supply and demand, industrial usage and investor interest also play a role.
Silver Price in Major Pakistani Cities
Silver prices can slightly differ across cities due to transport and local demand conditions. Below are the approximate silver prices today:
- Karachi: ~Rs. 8,650 per tola
- Lahore: ~Rs. 8,655 per tola
- Islamabad: ~Rs. 8,660 per tola
- Peshawar: ~Rs. 8,645 per tola
- Quetta: ~Rs. 8,650 per tola
These city prices generally follow Karachi’s Sarafa market as the base benchmark.
Silver Price Trend – Recent Performance
Over recent weeks, silver prices have shown moderate fluctuations. Unlike gold, silver is more sensitive to industrial demand and economic data releases. As global manufacturing activity picks up or slows down, silver prices adjust accordingly.
Investors often monitor global market signals, interest rates and production reports to predict silver movements.
Comparison: Silver vs Gold in Pakistan
While both metals are prized in Pakistan, they differ in several ways:
| Feature | Silver | Gold |
|---|---|---|
| Investment cost | Lower | Higher |
| Industrial demand | Higher | Lower |
| Price volatility | Higher | Lower |
| Common use | Jewelry + Industry | Jewelry + Investment |
| Tradability | Moderate | High |
Silver appeals to buyers with smaller budgets and industrial investors.
Buying Silver in Pakistan – Tips
If you are considering buying silver, here are some practical tips:
Buy According to Need
Silver can be bought as jewelry, coins or bars. Each form has different premiums.
Check Purity
Silver purity is normally expressed as Silver 999 (99.9%) or Silver 925 (Sterling). Make sure to verify the stamp.
Compare Prices
Always check silver prices from more than one jeweller or Sarafa source before buying.
Keep Market Trends in Mind
Because silver is more volatile, a small dip could be a good entry point for investors.
Silver Investment Options in Pakistan
There are a few ways to invest in silver:
Physical Silver
- Bars
- Coins
- Jewelry
Physical silver is popular among savers and collectors.
Silver Savings
Some banks and financial institutions offer silver savings plans or linked investment products. These can be useful if you prefer a non-physical holding.
Silver Futures
Experienced traders sometimes use futures contracts on international exchanges for speculative trading.
Always consult a financial advisor before trading futures due to their complexity and risk.
Factors Affecting Silver Price
Silver price reacts to a blend of global and local forces:
1. Global Economic Health
Silver demand rises with increased industrial activity and economic growth.
2. Monetary Policy
Higher interest rates can reduce investment demand for precious metals.
3. Currency Movements
A stronger USD makes silver more expensive in other currencies, including PKR.
4. Supply Constraints
Mining output changes can tighten or loosen silver supply.
Should You Buy Silver Today?
Whether it’s a good time to buy depends on your goals:
- Long-term investor: Consider silver as a portfolio diversifier
- Short-term trader: Monitor price movements closely
- Jewelry buyer: Purchase based on personal need rather than price timing
Silver’s lower price point makes it accessible, but volatility means you should stay informed.
Conclusion – Silver Price in Pakistan Today 22 February 2026
As of 22 February 2026, the silver price in Pakistan is averaging around Rs. 8,650 per tola. Converted estimates place silver at approximately Rs. 7,420 per 10 grams and around Rs. 239,800 per ounce.
Silver continues to be an attractive option for both savers and investors due to its affordability and industrial relevance. Always check updated daily rates from trusted Sarafa markets before buying or selling.
Stay tuned for more daily updates on precious metal rates, trends and investment guides.
