Silver prices hold steady in Pakistan

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Silver prices in Pakistan are trading in a stable range today, with the chandi ka rate holding near Rs. 8,172 per tola, signaling consolidation after recent swings in both global and domestic bullion markets. This pause follows a period of volatility as silver tracked broader precious metals sentiment.

Local pricing currently stands at Rs. 7,006 per 10 grams and Rs. 700.6 per gram, broadly aligned with international silver trends and its continued correlation with gold. Market participants view silver as a comparatively affordable hedge and an industrial metal with strong structural demand.

The stability in silver mirrors gold’s firm footing in the local market, reinforcing precious metals’ appeal as portfolio stabilizers during uncertain economic conditions.

Key factors influencing silver prices

Gold correlation
Silver continues to move in tandem with gold. When gold remains firm, it tends to anchor silver sentiment, as both metals attract defensive and inflation-hedging demand.

International spot movement
Global silver pricing directly feeds into local rates through import costs and currency conversion. Today’s relatively calm international movement has translated into balanced domestic pricing.

Industrial demand support
Silver’s heavy use in solar technology, electronics, electric vehicles, and renewable infrastructure provides long-term support, cushioning it from sharp downside pressure.

Local sarafa dynamics
Pakistani bullion markets are seeing cautious activity. Many small investors prefer silver for diversification, especially amid rupee fluctuations and inflation concerns.

Analysts say silver’s shift from recent volatility toward consolidation reflects sensitivity to global signals, while its industrial demand keeps the longer-term outlook constructive.

Rates can change intraday. Buyers should always confirm live Sarafa quotes before transacting.

Current silver rates (Pakistan)