Current Silver Rate in Pakistan Today 23 May, 2026
The silver (Chandi) rate in Pakistan on Saturday, May 23, 2026, is recorded at Rs. 7,952 per tola in the local bullion market. Silver prices continue to show a stable trading pattern across the country as major Sarafa markets maintain nearly identical rates.
Market analysts say the precious metals sector remains active due to fluctuations in global bullion prices and steady industrial demand. Investors are also closely monitoring international silver trends for future price direction.
Today’s Silver Rates
Silver Rates in Major Cities of Pakistan
| City | Per Tola |
|---|---|
| Karachi | 7,952 |
| Hyderabad | 7,952 |
| Lahore | 7,952 |
| Multan | 7,952 |
| Islamabad | 7,952 |
Silver Rate Trend (Last 10 Days)
| Date | Per Tola | Change | Status |
|---|---|---|---|
| May 23 | 7,952 | +42 | Up |
| May 22 | 7,910 | +109 | Up |
| May 21 | 7,801 | 0 | Stable |
| May 20 | 7,801 | -246 | Down |
| May 19 | 8,047 | -45 | Down |
| May 18 | 8,092 | 0 | Stable |
| May 17 | 8,092 | -920 | Down |
| May 16 | 9,012 | +121 | Up |
| May 15 | 8,891 | -404 | Down |
| May 14 | 9,295 | 0 | Stable |
Silver Nisab for Zakat
According to the current silver price of Rs. 7,952 per tola, the Nisab threshold for Zakat based on 52.5 tolas of silver is approximately Rs. 417,480. Muslims whose savings remain above this amount for one lunar year may be liable to pay Zakat under Islamic principles.
Silver Rate Trend Graph
Market Analysis
The silver market in Pakistan on May 23, 2026 is showing moderate stability after witnessing noticeable volatility during the previous week. The current rate of Rs. 7,952 per tola reflects balanced trading activity in local bullion markets.
Bullion traders believe global economic uncertainty, industrial silver demand, and movements in international precious metal markets are continuing to influence local prices. International investors are also focusing on inflation trends and central bank policies, which directly affect silver and gold markets worldwide.
In Pakistan, Sarafa markets in Karachi, Lahore, Islamabad, Multan, and Hyderabad are maintaining almost uniform pricing patterns. Market experts expect silver prices to remain sensitive to dollar parity and international spot market fluctuations during the coming sessions.
Investors and jewellery buyers are closely observing daily price movements before making large buying decisions, while industrial demand continues supporting silver prices globally.
