Web Desk The silver market in Pakistan recorded a strong upward trend on Thursday as chandi prices climbed to fresh highs in the local Sarafa market. The latest silver rate in Pakistan for May 14, 2026, was recorded at Rs 9,295 per tola, while the rate for 10 grams reached Rs 7,967 and the one-gram silver price stood at Rs 796.7.
The latest market figures showed a sharp increase of Rs 1,736 in silver prices, representing an 18.68 per cent gain in recent trading activity. Precious metals continued attracting significant market attention as global commodity trends and industrial demand supported higher bullion valuations internationally.
Silver rates remained consistent across Pakistan’s major urban centres, including Karachi, Lahore, Islamabad, Hyderabad and Multan, where local bullion traders updated prices in line with international market movements. The rising trend in silver prices also reflected increasing demand for precious metals among buyers seeking alternatives to high-priced gold.
Over the past several days, silver prices in Pakistan have shown strong volatility with a generally upward direction. Market records indicated that silver prices were trading at Rs 7,706 per tola on May 6 before steadily increasing to the latest level of Rs 9,295 per tola on Thursday.
The sustained increase in silver rates has become important for both investors and industrial sectors due to the growing use of silver in solar technology, electronics and manufacturing industries worldwide. International demand for silver in industrial production has remained one of the major factors supporting global bullion prices.
In Pakistan’s domestic market, silver is widely considered a comparatively affordable precious metal for jewellery purchases and savings. As gold prices continue trading at historically elevated levels, silver demand has remained active among middle-income consumers and small investors.
The latest rally in Chandi prices also affected the Zakat Nisab calculation linked to silver valuation. According to current market rates, the value of 52.5 tolas of silver has risen to approximately Rs. 487,987, increasing the benchmark used for wealth-related religious obligations.
Bullion market activity across Pakistan remained strong throughout Thursday as investors monitored both international precious metal trends and domestic economic conditions. Commodity-linked investments continued receiving attention amid inflation concerns and changing global trade conditions.
Analysts observed that silver prices may continue witnessing fluctuations in coming sessions depending on international commodity market performance, currency movements and industrial demand patterns. However, the broader market outlook for silver remained positive as international prices continued trading at elevated levels.
Gold Price in Pakistan – 16 May 2026