Silver Price in Pakistan Today 09 February 2026 – Latest Silver Rates Update
Silver price in Pakistan today on 09 February 2026 show steady performance amid global and local market movements. As one of the affordable precious metals, silver commands interest from jewellery buyers, investors and industrial users alike.
While gold attracts high-value investors, silver remains popular due to its relatively low price per unit, making it accessible for middle-class buyers and small investors.
In this detailed update, you will find the latest silver rates in Pakistan, city-wise pricing, recent trends, purity grades, comparison with gold, factors influencing silver prices, and expert insights into where the silver market is heading.
Latest Silver Prices in Pakistan Today
Updated silver prices as of 09 February 2026 are as follows:
| Silver Unit | Latest Rate |
|---|---|
| Per Tola | Around Rs. 8,200 – Rs. 8,300 |
| Per 10 Grams | Around Rs. 7,024 – Rs. 7,112 |
| Per Gram | Around Rs. 702 – Rs. 711 |
| Per Ounce | Around Rs. 22,746 – Rs. 22,980 |
Silver pricing tends to change more often than gold because it is widely traded for both jewellery and industrial demand.
Silver Rates in Major Cities of Pakistan
Silver prices across major Pakistani cities generally follow the Karachi Sarafa Market trend. However, small variation may appear due to local demand, transport charges and jewellers’ policies.
| City | Silver Rate (Per Tola) |
|---|---|
| Karachi | ~Rs. 8,200 |
| Lahore | ~Rs. 8,210 |
| Islamabad | ~Rs. 8,220 |
| Peshawar | ~Rs. 8,230 |
| Quetta | ~Rs. 8,240 |
These rates are averages and change during the trading day depending on international silver markets and local factors.
Understanding Silver Purity Grades
Silver prices vary according to the purity of the metal. Here is a breakdown of commonly used terms in the market:
- Silver 999 (Fine Silver): 99.99% pure, the highest grade used for investment bars and coins
- Silver 925 (Sterling Silver): 92.5% pure, commonly used in jewellery
- Silver 900 (Coin Silver): 90% pure, used in coins and choice items
- Silver 800 (German Silver): 80% pure, used for decorative items
Fine silver (999) commands the highest price due to its purity, while lower grades are priced accordingly.
What Influences Silver Prices in Pakistan?
Silver rates in Pakistan are influenced by several key factors:
1. International Silver Market:
Silver is traded globally in US dollars. International price movements directly impact local prices.
2. Dollar to Rupee Exchange Rate:
When the Pakistani rupee weakens against the US dollar, import costs rise, pushing silver prices up.
3. Local Demand:
Wedding seasons, festivals, and jewellery buying increase silver demand locally, which can push prices higher.
4. Industrial Demand:
Unlike gold, silver has industrial uses in electronics, solar panels, and medical equipment. Strong industrial demand can support prices.
5. Economic Conditions:
High inflation, currency devaluation, and economic uncertainty often increase demand for precious metals.
Daily Silver Price Trend – Last 15 Days
Silver prices have shown moderate movement recently. In general, silver tends to be more volatile than gold due to its industrial demand dependence.
- Prices ranged between approximately Rs. 7,900 and Rs. 8,400 per tola
- Small daily changes reflect global demand and currency shifts
This stability trend is consistent with broader precious metals markets.
Silver vs Gold in Pakistan
Silver and gold both appeal to investors and buyers, but they serve slightly different purposes:
Gold:
- Higher price per unit
- Seen more as long-term investment
- Often bought in bars, coins or high-end jewellery
Silver:
- Lower price per unit
- Accessible to small investors and buyers
- Used more in jewellery and industrial products
Both metals act as hedges against inflation and currency risks, making them valuable parts of diversified portfolios.
How Silver Is Used in Pakistan
Silver is popular for:
- Jewellery purchases especially for affordable gifts
- Investment in bars and coins
- Decorative and collectible items
- Industrial uses such as electronics and solar equipment
Demand from multiple sectors helps support silver prices relative to supply.
Should You Invest in Silver Today?
Silver investment can be a smart move if you want exposure to precious metals without high entry cost. Here are a few points to consider:
Pros of Investing in Silver:
- Lower cost compared to gold
- Multiple forms to invest (coins, bars, jewellery)
- Useful industrial demand supports price
Cons of Silver Investment:
- More price volatility than gold
- Lower long-term price growth historically compared to gold
If you want a mix of accessibility and potential growth, silver could be part of your investment mix.
Tips for Buying Silver in Pakistan
Before buying silver, consider these tips:
- Check daily Sarafa market rates rather than jeweller prices
- Ask for purity certificates especially for 925 or 999 grades
- Compare rates from multiple sellers before buying
- Understand making charges on jewellery
- Buy when prices dip for better value
Smart buying helps you avoid overpaying and ensures quality silver.
Silver Market Outlook for 2026
Market analysts expect silver prices to remain range-bound in 2026. Key reasons include:
- Steady global demand for industrial use
- Continued preference for precious metals
- Currency factors affecting local prices
- Demand during festival and wedding seasons
While exact future rates cannot be guaranteed, silver likely remains a competitive metal for both investment and everyday purchases.
Relation Between Silver and Global Economy
Often, silver prices rise when global economic uncertainty increases, similar to gold. Investors sometimes choose silver as a hedge against inflation and market risk. However, because silver has significant industrial demand, its price can rise on strong economic activity as well.
Global economic factors that may influence silver prices include:
- Monetary policy decisions
- Industrial growth outlook
- Mining output and supply constraints
- Currency and inflation changes
Common Questions About Silver Price in Pakistan
Is silver cheaper than gold?
Yes, silver is significantly cheaper than gold on a per-gram or per-tola basis, making it more accessible.
Does purity affect silver price?
Yes, fine silver (999) is priced higher than lower purity grades like 925 or 800.
Can silver be a good investment?
Silver can be a smart choice for investors seeking precious metal exposure without high costs, but price movements are more volatile.
Conclusion – Silver Price in Pakistan Today 09 February 2026
Silver prices in Pakistan today, 09 February 2026, remain steady with per tola rates around Rs. 8,200 to Rs. 8,300. City-wise rates are similar, following trends from the Karachi Sarafa market.
Silver’s affordability makes it attractive for jewellery buyers and new investors, while industrial demand supports long-term relevance. Whether you want silver for savings or jewellery, make sure you check daily updated rates, confirm purity, and compare prices before buying.
Silver remains a key part of precious metals markets in Pakistan, offering flexibility and value for a wide range of buyers.
