Understanding Silver Purity and Fineness
Silver items can contain different proportions of pure silver. Purity is often described using a fineness number or a percentage. For example, .999 silver indicates approximately 99.9% silver content, while .925 sterling silver contains 92.5% silver and other metals.
Pure silver is relatively soft, so other metals may be mixed into silver jewellery to improve strength and durability. This means two items with similar weights may not have the same intrinsic silver value if their purity differs.
| Purity Mark | Approx. Silver Content |
|---|---|
| .999 Fine Silver | 99.9% |
| .958 Silver | 95.8% |
| .925 Sterling Silver | 92.5% |
| Other alloys | Varies by composition |
What Influences Silver Prices in Pakistan?
1. International Silver Prices
Silver is traded internationally, and changes in global bullion prices can influence local market quotations. Global demand, supply expectations, investor activity and economic developments can all affect silver valuations.
2. US Dollar and Pakistani Rupee
International silver prices are commonly quoted in US dollars. Changes in the exchange rate between the US dollar and the Pakistani rupee can therefore affect the local equivalent price, even when the international silver quotation is stable.
3. Industrial Demand
Silver is used in various industrial applications, including electronics, electrical components and solar technologies. Changes in manufacturing activity and expected industrial demand can influence the balance between supply and demand.
4. Local Sarafa Market Conditions
Local quotations may differ due to dealer margins, availability, trading activity and the type of silver product being sold. Jewellery, bars and coins may also carry different premiums or workmanship costs.
5. Product Purity and Additional Charges
A retail item’s final price depends on its silver content, weight, design and seller’s pricing policy. Making charges, wastage or other costs may be added separately where applicable.
Silver Price Change: Daily Market Movement
The supplied market update reports a decrease of Rs. 31 per tola, equivalent to approximately 0.49%, from the preceding reference figure. Daily movements can be small or substantial depending on international prices and local market conditions.
| Market Detail | Reported Figure |
|---|---|
| Current reference rate | Rs. 6,301 per tola |
| Reported change | Down Rs. 31 |
| Reported percentage change | -0.49% |
| Update date | 21 October 2026 |
This daily movement is based on the supplied figures. A complete historical chart requires verified prices for each date; past prices should not be inferred from a single daily change.
Historical Silver Rate in Pakistan
Reviewing historical silver prices can help readers compare past market levels with current quotations. For a reliable historical record, each entry should include the date, reference price, weight unit and a consistent source.
Silver Buying Guide: What Buyers Should Check
1. Confirm the Latest Market Rate
Ask the seller which date and market quotation is being used. Compare the quoted rate with a reliable current reference before deciding to buy or sell.
2. Check the Purity Marking
Confirm whether the item is fine silver, sterling silver or another alloy. For significant purchases, consider obtaining an appropriate independent purity assessment.
3. Verify the Weight
Check the weight on a suitable scale and make sure the unit is clear. Tola, gram and kilogram measurements should not be confused when comparing quotations.
4. Ask About Additional Charges
Request a clear breakdown of the metal value, making charges, product premium and any other applicable costs. The final jewellery price may be higher than the reference silver value.
5. Keep the Receipt
Retain an invoice showing the product description, weight, purity, quoted rate and charges. A proper receipt can help with future valuation, resale discussions and record keeping.
Explore Gold and Silver Rates
Explore our related market pages to compare precious metal prices and find more useful information for your next purchase.
Frequently Asked Questions (FAQs)
These answers explain the supplied silver rates and some common considerations when buying silver in Pakistan.
What is the silver rate in Pakistan today?
The supplied reference rate for 21 October 2026 is Rs. 6,301 per tola. Confirm the latest local quotation before making a purchase.
What is the price of 10 grams of silver?
The supplied price for 10 grams is Rs. 5,401. Retail prices may differ depending on purity, product type and the seller’s additional charges.
What is the price of one gram of silver?
The supplied price is Rs. 540.10 per gram for 21 October 2026.
Did the silver rate decrease today?
The supplied update reports a decrease of Rs. 31, or approximately 0.49%, from the preceding reference figure. Check a current market source to confirm the latest movement.
Why do silver prices change in Pakistan?
Prices may change with international silver quotations, exchange rates, industrial demand, local market conditions and product-specific costs.
Is the silver rate the same in every Pakistani city?
Not necessarily. Local quotations, dealer margins, availability and retail costs can differ. Confirm the rate with a seller in your city.
Are silver jewellery making charges included?
Not necessarily. Making charges, workmanship, product premiums or other costs may be added to the metal value. Ask for a separate breakdown before paying.
How can I check the purity of silver?
Check the item’s purity marking and ask the seller for documentation. For a substantial purchase, consider an independent purity assessment.
Is the silver price shown a guaranteed selling price?
No. The displayed figure is a reference rate based on the supplied information. The actual buying or selling price can differ by dealer, product and transaction terms.
Should I check the silver rate before buying?
Yes. Confirm the current quotation, purity, weight and additional charges with a trusted local seller before completing your purchase.
Final Overview: Silver Rate in Pakistan Today
Silver Market Summary · 21 October 2026
Based on the supplied figures, silver is quoted at Rs. 6,301 per tola, Rs. 5,401 per 10 grams and Rs. 540.10 per gram. The reported daily movement is a decrease of Rs. 31, or approximately 0.49%.
Buyers should verify the latest local rate, confirm silver purity and weight, and ask for a transparent breakdown of additional charges before purchasing.
Market disclaimer: Figures in this article were supplied for 21 October 2026 and are not a live market feed. Rates can change during trading and may vary by location, seller, purity and product. Verify current prices independently before making a financial decision.
