Silver Price in Pakistan Today 28 February 2026 – Latest Rates
Silver price in Pakistan remained stable on Saturday, 28 February 2026, as the local bullion market followed international trends. According to market sources connected with the Karachi Sarafa Jewellers Association, silver is currently trading around Rs. 9,104 per tola (bidding) and Rs. 9,124 per tola (asking).
Silver may not receive as much attention as gold, but it remains an important precious metal for investors, jewelers, and industrial buyers. Many small investors prefer silver because it is more affordable compared to gold and still offers long term value protection.
Below is the complete breakdown of today’s silver rates in Pakistan, along with market analysis and investment insights.
Silver Rate in Pakistan Today – 28 February 2026
Here are the latest silver prices in the local bullion market:
- Silver per Tola (Bidding): Rs. 9,104
- Silver per Tola (Asking): Rs. 9,124
Silver prices may vary slightly from city to city depending on local demand and dealer margins.
Silver Price Per 10 Gram and Per Gram
Based on today’s tola rate, the approximate silver prices are:
- Per 10 Grams: Around Rs. 7,800 to Rs. 7,820
- Per Gram: Around Rs. 780 to Rs. 782
These values are calculated according to the standard tola conversion used in Pakistan (1 tola = 11.66 grams approximately).
Silver Rate in Major Cities of Pakistan
Silver prices across Pakistan are largely influenced by the benchmark market in Karachi, which is considered the main hub of bullion trading.
Here is the estimated silver per tola rate in major cities:
- Karachi: Rs. 9,104 – 9,124
- Lahore: Rs. 9,110 – 9,130
- Islamabad: Rs. 9,115 – 9,135
- Peshawar: Rs. 9,120 – 9,140
- Quetta: Rs. 9,125 – 9,145
Minor differences are due to transportation costs and local buying activity.
Silver Price Trend – Last 15 Days Overview
Silver prices have shown moderate movement during February 2026. While gold reached record highs, silver followed a steady but controlled upward trend.
Key observations:
- Silver remained above Rs. 9,000 per tola for most of the last two weeks.
- International silver prices supported local market strength.
- Fluctuations were mainly influenced by the dollar to rupee exchange rate.
Compared to gold, silver showed less volatility, which makes it attractive for cautious investors.
Why Silver Prices Change in Pakistan
Silver prices depend on several local and international factors:
1. International Silver Market
Pakistan imports silver, so global rates directly affect domestic prices. Any increase in international bullion prices impacts local markets.
2. Dollar to Rupee Exchange Rate
Silver is traded internationally in US dollars. When the rupee weakens, silver becomes more expensive locally.
3. Industrial Demand
Unlike gold, silver has strong industrial use in electronics, solar panels, and medical equipment. Higher industrial demand pushes prices upward.
4. Local Jewelry Demand
Silver jewelry remains popular in rural areas and among young buyers due to affordability.
Silver vs Gold – Which is Better Investment?
On 28 February 2026:
- Gold per Tola (24K): Rs. 527,000
- Silver per Tola: Around Rs. 9,104
Silver is far more affordable compared to gold. While gold is considered a strong hedge against inflation, silver offers higher growth potential during industrial expansion phases.
For small investors, silver is often easier to buy in regular intervals without large capital.
Types of Silver Purity in Pakistan
Understanding purity is important before buying silver:
- Silver 999 (Fine Silver): 99.99% pure
- Silver 925 (Sterling Silver): 92.5% pure
- Silver 900: 90% pure
- Silver 800: 80% pure
For investment, Silver 999 is preferred. For jewelry, Sterling Silver (925) is commonly used.
Is This a Good Time to Buy Silver?
With silver trading above Rs. 9,000 per tola, buyers are carefully watching the market.
If international economic uncertainty continues, silver may remain strong. However, silver prices can be more volatile than gold due to industrial demand changes.
Experts suggest:
- Buy gradually instead of investing a large amount at once.
- Monitor international bullion market trends.
- Confirm latest rates before making any purchase.
Silver Investment Options in Pakistan
There are several ways to invest in silver:
Physical Silver Bars and Coins
Available from bullion dealers and jewelers.
Silver Jewelry
Affordable and widely available, though includes making charges.
Industrial Silver Trading
Used by manufacturers and traders for business purposes.
Factors to Watch in March 2026
Investors should keep an eye on:
- US dollar movement
- International commodity prices
- Inflation data
- Local currency stability
Any major shift in these areas could affect silver prices in Pakistan.
Important Disclaimer
Silver rates are issued by local Sarafa Associations and may change multiple times during the day based on international market movement. The above prices are for informational purposes only. Always confirm rates from your local dealer before buying or selling silver.
Final Words – Silver Price in Pakistan Today 28 February 2026
On 28 February 2026, silver price in Pakistan stands around Rs. 9,104 to Rs. 9,124 per tola. The market remains steady, supported by global trends and currency factors.
Silver continues to be an affordable precious metal for both investment and jewelry purposes. Whether you are a small investor or a regular buyer, staying updated with daily silver rates helps you make informed financial decisions. If you need silver price calculation for any specific weight, feel free to ask.
