Pakistan Silver Prices Jump as Global Markets Surge
Silver prices in Pakistan rose on August 12, 2026, as the All Pakistan Sarafa Gems and Jewellers Association announced a higher rate for silver per 10 grams at Rs 6,096. This marks an increase of Rs 125 from the previous day's price.
The global market saw silver spot prices trading around $65.8-$66.5 per troy ounce on August 12, with reports citing a price of approximately $66.32 per ounce, up by about $1.46. When converted at prevailing USD/PKR levels near 278, this aligns closely with Pakistan's equivalent pure silver value near Rs 18,000-18,400 per ounce or roughly Rs 580-590 per gram.
The domestic silver increase tracked international gains and the sharp rise in gold, which reached Rs 463,936 per tola, up Rs 4,200. Factors supporting silver include safe-haven demand, industrial uses (electronics, solar), and broader bullion momentum.