Karachi — Silver prices in Pakistan continued to rise on Tuesday, March 10, 2026, as strong global precious metal markets and steady local demand pushed rates higher in Sarafa markets across the country.
According to market traders, the silver rate today reached Rs. 11,003 per tola, showing a steady increase supported by international market trends and local buying activity.
Currently, silver is priced at Rs. 9,431 per 10 grams, while the per‑gram rate stands at Rs. 943.1. Many investors are turning to silver because it offers a more affordable option than gold while still acting as a hedge against inflation.
Latest Silver Rates in Pakistan
| Weight | Rate (PKR) | Notes |
|---|---|---|
| 1 Gram | 943.1 | Fine / Pure Silver |
| 10 Grams | 9,431 | Fine / Pure Silver |
| 1 Tola | 11,003 | Standard Market Rate |
Global Market Trends Supporting Silver
Global precious metal markets continue to support higher silver prices. International silver prices remain strong, which directly affects local rates because Pakistan imports most precious metals.
When international prices increase, local Sarafa markets also adjust rates upward.
Strong Link Between Gold and Silver Prices
Silver prices often move in the same direction as gold. Currently, 24‑karat gold in Pakistan is trading around Rs. 539,562 per tola, which helps maintain strong momentum in the silver market.
Investors often buy both metals to diversify their investments and reduce financial risk.
Industrial Demand Keeps Silver Valuable
Another key factor supporting silver prices is strong industrial demand. Silver plays an important role in several industries, including:
- Solar panels
- Electric vehicles
- Electronics manufacturing
- Renewable energy technologies
Because these industries continue to grow worldwide, demand for silver remains stable.
Local Demand in Pakistan
Local buyers and jewelers in Pakistan also show steady interest in silver. Many consumers prefer silver because it is more affordable than gold but still holds long‑term value.
As a result, consistent demand from investors and jewelry markets helps keep prices firm.
Market Outlook
Experts believe silver prices may remain strong if global precious metal markets continue their upward trend. Rising industrial demand and steady investor interest could support the market in the coming weeks.
However, traders advise buyers to check live Sarafa market rates before making purchases, as precious metal prices can change quickly due to international market movements and currency fluctuations.
