Silver prices in Pakistan continued moving upward on Thursday as the local bullion market recorded another major increase in Chandi rates across the country. According to the latest market update for May 14, 2026, the silver rate in Pakistan reached Rs 9,295 per tola, reflecting a strong rise of Rs 1,736 and an overall increase of 18.68 per cent in recent trading sessions.
The latest Sarafa market data showed that silver was being traded at Rs 7,967 per 10 grams, while the price of one gram of silver stood at Rs 796.7 in local markets including Karachi, Lahore, Islamabad, Multan and Hyderabad. The increase in silver prices comes as precious metals continue attracting attention from investors and households looking for relatively affordable alternatives to gold.
The local bullion market remained active throughout the day as silver prices stayed near record levels. Market trends showed that the white metal continued benefiting from strong international commodity demand alongside increased industrial usage in sectors linked to electronics, solar energy and manufacturing.
Pakistan’s precious metals market has witnessed significant fluctuations during recent weeks as both gold and silver prices responded to global economic uncertainty and movements in international commodity exchanges. Despite volatility, silver has remained in focus due to its comparatively lower price and increasing role in industrial production worldwide.
The latest ten-day performance data highlighted a strong upward trend in silver prices. On May 5, silver was available at Rs. 7,658 per tola before gradually climbing to Rs. 9,295 on May 14. The sharp movement reflected growing momentum in bullion markets and stronger demand patterns internationally.
In Pakistan, silver continues holding importance not only for jewellery consumption but also for investment and savings purposes. Many consumers prefer silver due to affordability compared to gold, particularly during periods of elevated inflation and changing commodity prices.
The value of 52.5 tolas of silver, commonly used for Zakat Nisab calculations, also increased significantly following the latest market rally. Based on current rates, the Nisab threshold now stands close to Rs. 487,987, reflecting the sharp appreciation in silver prices over recent sessions.
The latest silver market trend is also being closely watched by traders connected with industrial imports and manufacturing sectors, as higher international silver prices may influence production costs in industries dependent on precious metals and related raw materials.
Global commodity market sentiment continued supporting precious metals on Thursday, with silver maintaining strong momentum in international trading. Local bullion rates in Pakistan remained aligned with these global movements, keeping domestic prices elevated across major cities.
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