Silver Rate in Pakistan Today 12 January 2026 | Latest Per Tola Price
Today, January 12, 2026, silver prices in Pakistan have touched historic highs, closely following the sharp rally seen in international silver futures. The precious metal, often seen as a more affordable alternative to gold, has gained massive attention from investors, traders, and the general public due to its rapid year on year growth and strong global demand.
According to the latest bullion market data, the 24K silver rate in Pakistan is approximately Rs. 8,630 per tola, marking one of the highest levels ever recorded in the local market. This sudden surge has made silver a major talking point across financial circles and commodity markets nationwide.
Silver Rate in Pakistan – 12 January 2026 (PKR)
| Unit | 24K Silver Price | 22K Silver Price |
| Per Tola | Rs. 8,630 | Rs. 7,911 |
| Per 10 Grams | Rs. 7,399 | Rs. 6,782 |
| Per Gram | Rs. 740 | Rs. 678 |
These rates are based on average national bullion market figures and may vary slightly depending on city and dealer margins.
City Wise Silver Rates in Pakistan
Just like gold, silver prices show minor variations across major cities due to differences in supply, demand, and local market conditions. On January 12, 2026, the approximate per tola silver rates are:
- Karachi: Rs. 8,630
- Lahore: Rs. 8,640
- Islamabad / Rawalpindi: Rs. 8,635
- Peshawar: Rs. 8,650
Market experts note that daily fluctuations of Rs. 20 to Rs. 50 per tola are common, especially during periods of high volatility in international markets.
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Why Are Silver Prices Rising So Sharply in 2026?
The silver market in 2026 is facing what analysts describe as a perfect storm, pushing prices to record levels. Compared to 2025, silver has seen a year on year increase of over 160 percent, driven by several powerful factors.
Industrial demand has surged significantly, especially due to the global expansion of green energy technologies. Silver is a critical component in solar panels, electric vehicles, and advanced electronics, including the ongoing worldwide 5G rollout.
At the same time, the market is dealing with a global supply squeeze. International silver spot prices have climbed close to $80 to $84 per ounce, directly impacting local prices in Pakistan as imports become more expensive.
Another major reason is silver’s growing role as an inflation hedge. With gold prices already at record highs, many small and medium investors are turning to silver as a more accessible safe haven asset, increasing local demand even further.
Silver Purity Guide for Buyers
Understanding silver purity is essential before making any purchase, whether for investment or personal use.
24K Silver contains 99.9 percent pure silver and is usually sold in the form of bars or biscuits. This is the preferred option for investors focused on resale value.
22K or 925 Sterling Silver contains 92.5 percent silver and is commonly used in high quality jewelry. The remaining portion consists of other metals to improve strength and durability.
Pro Tip: If your goal is investment, always prefer 24K silver bars instead of jewelry. Jewelry includes making charges and may face purity deductions during resale, reducing overall returns.
Market Outlook
Analysts believe that as long as global industrial demand remains strong and inflation concerns persist, silver prices are likely to stay elevated. Short term corrections are possible, but the long term outlook for silver in 2026 remains bullish, especially for investors seeking diversification beyond gold.
In summary, today’s silver rate in Pakistan reflects a powerful global trend, and staying updated can help buyers and investors make smarter, more timely decisions in a fast moving market.
