Silver Price in Pakistan – 18 May 2026

Silver prices in Pakistan declined on Monday, with the rate of one tola dropping to Rs 8,092 in domestic bullion markets, according to data shared by local Sarafa associations.

The price of 10 grams of silver was recorded at Rs 6,936, while one gram traded at Rs 693.6.

Bullion dealers attributed the decline to fluctuations in international precious metals markets and shifting investor sentiment amid ongoing economic uncertainty.

The latest decrease comes after silver witnessed sharp movements during the past several trading sessions. Analysts said the metal continues to remain sensitive to global commodity trends, currency movements and industrial demand.

Current Silver Rates in Pakistan

Market participants said prices remained uniform across Karachi, Lahore, Islamabad, Rawalpindi and other major cities.

Despite the recent drop, traders believe silver continues to attract buyers looking for relatively affordable precious metal investments compared to gold.

Industry experts noted that international demand from technology and solar energy sectors remains an important factor supporting silver prices worldwide.

Meanwhile, local jewellers said retail activity in Pakistan’s bullion markets remained moderate as consumers monitored further price movements before making fresh purchases.

Based on the current rate, the value of 52.5 tolas of silver — the commonly referenced Nisab threshold for Zakat — is estimated at approximately Rs 424,830.

Analysts expect silver prices to remain range-bound in the near term, with future direction likely to depend on global market trends and currency stability.