Silver Price in Pakistan Today 29 January 2026 – Latest Silver Rates Update
Silver price in Pakistan remained firm on Thursday, 29 January 2026, following stability in the international bullion market and steady local demand. According to the Karachi Sarafa Market, silver continues to be an affordable and popular precious metal for investors, traders, and jewellery buyers across the country.
Unlike gold, silver is widely used not only for investment and jewellery but also for industrial and commercial purposes. Due to its lower price compared to gold, silver is often considered a practical investment option for small and medium investors in Pakistan.
Today Silver Rate in Pakistan
As per the latest market update on 29 January 2026, the silver prices in Pakistan are as follows:
- Silver per Tola: Rs. 11,329
- Silver per 10 Grams: Rs. 9,718
- Silver per Gram: Rs. 971
- Silver per Ounce: Rs. 30,300
These rates are issued by the Karachi Saraf Jewellers Association and are followed in major cities of Pakistan with slight differences due to local market conditions.
Silver Prices in Major Cities of Pakistan
Silver prices remained almost the same across Pakistan’s major cities today. Minor variations may occur due to transportation costs and local demand.
- Karachi: Rs. 11,329 per tola
- Lahore: Rs. 11,340 per tola
- Islamabad: Rs. 11,350 per tola
- Peshawar: Rs. 11,360 per tola
- Quetta: Rs. 11,380 per tola
Karachi remains the main hub of bullion trading in Pakistan, and its rates set the benchmark for silver prices nationwide.
Silver Rate Comparison with Previous Days
Over the past few weeks, silver prices in Pakistan have shown moderate movement compared to gold. While gold experienced sharp increases, silver remained relatively stable, making it attractive for investors looking for lower risk and affordability.
Market data shows that silver prices have gradually increased due to rising industrial demand and steady international market support.
Why Silver Prices Are Important in Pakistan
Silver holds a special place in Pakistan’s precious metals market for several reasons:
- It is significantly cheaper than gold
- Widely used in jewellery and ornaments
- Used in electronics, solar panels, and medical equipment
- Preferred by small investors as an entry-level asset
Due to these factors, silver demand remains consistent throughout the year.
Factors Affecting Silver Prices in Pakistan
Several local and international factors influence silver prices in Pakistan:
International Silver Market
Global silver prices directly impact local rates. Any increase in international demand or supply shortage affects prices in Pakistan.
US Dollar Exchange Rate
Since silver is traded internationally in dollars, a weaker Pakistani rupee increases local silver prices.
Industrial Demand
Silver is heavily used in industries such as electronics and renewable energy, which affects global demand.
Inflation and Economic Conditions
During inflation and economic uncertainty, investors shift towards precious metals like silver.
Silver as an Investment in Pakistan
Silver is considered a smart investment option for people who cannot afford gold or want to diversify their investment portfolio. Many investors buy silver bars, coins, or jewellery to protect their savings from inflation.
Compared to gold, silver prices fluctuate more frequently, which can provide short-term trading opportunities. However, long-term investors also benefit from gradual price appreciation.
Silver Purity Levels in Pakistan
Silver is available in different purity levels in Pakistan:
- Fine Silver (999): 99.99% pure
- Sterling Silver (925): 92.5% pure
- Coin Silver (900): 90% pure
- German Silver (800): 80% pure
Fine silver is mostly used for investment, while sterling silver is commonly used in jewellery.
Difference Between Silver and Gold Investment
Silver and gold both serve as safe investment assets, but there are key differences:
- Silver is more affordable than gold
- Silver has higher industrial usage
- Gold is more stable in long-term value
- Silver shows higher price volatility
Many experts suggest holding both metals to balance risk and returns.
Things to Check Before Buying Silver
Before purchasing silver in Pakistan, buyers should consider the following:
- Check the latest Sarafa Market rate
- Confirm the purity stamp (999, 925, etc.)
- Ask about making or melting charges
- Buy from trusted jewellers or dealers
- Keep purchase receipts for record
These steps help ensure transparency and fair pricing.
Silver Market Updates and Timing
Silver prices in Pakistan are usually updated once or multiple times a day depending on international market movements. Prices may change suddenly during times of global economic uncertainty or currency fluctuation.
It is recommended to check updated rates before making any buying or selling decision, especially for bulk purchases.
Future Outlook for Silver Prices in 2026
Market analysts believe silver prices may show gradual growth in 2026. Increased demand from the renewable energy sector, especially solar panels, could push global silver prices higher.
If the Pakistani rupee remains weak and international silver prices rise, local silver rates may also increase. However, silver prices are expected to remain more stable compared to gold.
Silver for Jewellery and Daily Use
Silver jewellery remains popular in Pakistan due to its affordability and elegant appearance. Many people prefer silver rings, bangles, chains, and household decorative items.
Sterling silver is widely used because it offers a balance between purity and durability.
Will silver prices increase in 2026?
Silver prices in 2026 are expected to show gradual growth in Pakistan. Market experts believe rising industrial demand, especially from the solar and electronics sectors, along with inflation and a weak Pakistani rupee, may push silver prices higher. However, silver prices may remain less volatile than gold, with steady movements rather than sharp jumps.
How much silver is in 1 tola?
In Pakistan, 1 tola equals 11.664 grams of silver. The tola measurement is commonly used in local Sarafa markets for buying and selling silver and gold. Most silver rates in Pakistan are quoted per tola, especially for jewellery and bullion trading.
What will the price of silver be in 2027?
The price of silver in 2027 will depend on global economic conditions, industrial demand, and currency movements. If international silver prices continue to rise and demand from renewable energy sectors increases, silver prices may move higher. However, any improvement in global economic stability or stronger local currency could slow down price growth.
Final Thoughts – Silver Price in Pakistan Today 29 January 2026
The silver price in Pakistan today, 29 January 2026, remains stable and affordable for investors and buyers. With silver priced at Rs. 11,329 per tola, it continues to be a practical alternative to gold.
Silver offers both investment value and everyday utility, making it an important part of Pakistan’s precious metals market. Buyers are advised to stay updated with daily Sarafa Market rates and monitor international trends before making any decision.
