KARACHI – Silver prices in the local bullion market have seen a notable shift today, according to the latest data released by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA).
As investors keep a close watch on international market trends and the local currency’s performance, the white metal continues to hold its ground as a key asset for both industrial use and small-scale investment.
Industry experts suggest that the current pricing reflects a combination of global demand in the technology sector and domestic economic factors.
While gold often takes the spotlight, silver—commonly known as “the poor man’s gold” in Pakistan—remains a popular choice for those looking to hedge against inflation.
Today’s Silver Rate in Pakistan
The following table provides the centralized rates for silver as of Wednesday, March 18, 2026:
| Weight Unit | Silver Rate (PKR) |
|---|---|
| 1 Tola | Rs. 9,903 |
| 10 Grams | Rs. 8,488 |
| 1 Gram | Rs. 848.8 |
Market Outlook
The rates provided by the APGJSA serve as a benchmark for major cities including Karachi, Lahore, Islamabad, and Multan.
Traders are advised to verify rates at the time of transaction, as market volatility can lead to intraday adjustments.
With the global shift toward green energy increasing the demand for silver in solar panels and electric vehicles, local analysts predict that silver may continue to see upward pressure throughout 2026.
