| Item | Price (PKR) | Unit | Published date | Change |
|---|---|---|---|---|
| SilverSILVER | 5,582.28 | Per tola | 28 Oct 2026 | -1.39% |
International spot benchmark only. Conversion uses a dated exchange-rate reference. It is not a Pakistan Sarafa Association quote and excludes local premiums, taxes and making charges.
The silver rate in Pakistan, also called the chandi rate, is commonly compared per tola, per 10 grams or per gram, but the number is meaningful only when the metal’s purity is identified. One standard tola weighs approximately 11.6638 grams. Fine silver is often marked 999, denoting 99.9% silver, while sterling jewellery is conventionally 925, or 92.5% silver. The price display above provides the available silver quotation; check its weight unit, source and observation date before relying on it. A silver coin, bar, ring or household object can sell for more than its metal benchmark because the price may include fabrication, design, packaging and dealer charges. Resale quotations may also be lower than retail asking prices.
What the per-tola chandi rate actually covers
A published silver headline should identify metal purity, weight unit and quotation date. Without those, a retail bracelet price can be mistaken for a fine-bullion rate. Even when a report uses the word silver without a detailed description, its amount should not automatically be assigned to 925 jewellery or converted into a physical dealer offer.
Silver can be sold as bullion bars, coins, ornaments, utensils or scrap. These categories represent different conditions and pricing services. A clean fine-silver bar may be valued principally for its metal content, while a crafted ornament may carry labour and design costs. A damaged household article sold as scrap may be assessed for recoverable silver and offered a different transaction price.
The essential comparison is between like products. If one quotation is for a 999 silver bar and another is for a decorative alloyed tray, neither the weight nor the purity alone establishes a directly comparable retail price. Ask what the quoted amount includes and which part represents the precious metal.
Fine silver, 925 sterling and other purity grades
Silver purity is often stated as parts per thousand, not on gold’s 24-karat scale. Fine silver at 999 means 999 parts out of 1,000 are silver in the stated standard. Sterling 925 contains 925 parts silver per 1,000, with other metals in the alloy to modify characteristics such as hardness and manufacturability.
| Silver marking | Nominal silver content | Common buying context | Important caution |
|---|---|---|---|
| 999 | 99.9% | Fine bullion, bars and some coins | Verify producer and assay evidence |
| 958 | 95.8% | Higher-purity silver standard in some products | Do not assume a locally offered piece meets this mark |
| 925 | 92.5% | Sterling silver jewellery and articles | Metal-content value differs from 999 bullion |
| 800 | 80.0% | Some older or lower-purity silver articles | Check actual marking and resale terms |
The descriptions explain recognised fineness terms and do not claim those grades are stocked by every Pakistani seller. The Royal Mint silver-fineness guide discusses the definitions of 999 and 925. The LBMA silver Good Delivery standard also establishes a minimum fineness for qualifying institutional silver bars, but those rules should not be presented as certification of every locally marketed coin or small bar.
Silver-coloured metal is not necessarily silver. A plated item can have only a surface coating, while stainless steel and nickel-containing alloys may look similar. Ask for a stated composition rather than treating appearance, seller terminology or an untested stamp as proof.
Convert silver prices between tola, gram and kilogram
A one-kilogram silver quote covers 1,000 grams, which is about 85.737 tolas. Because silver is commonly discussed at several weights, buyers should standardise every comparison to the same purity and unit. A 10-gram quotation covers less metal than one tola, and its total cannot legitimately be compared as if the quantities were equal.
| Quoted quantity | Approximate gram equivalent | Approximate tola equivalent |
|---|---|---|
| 1 gram | 1.0000 g | 0.0857 tola |
| 10 grams | 10.0000 g | 0.8574 tola |
| Half tola | 5.8319 g | 0.5 tola |
| 1 tola | 11.6638 g | 1 tola |
| 100 grams | 100.0000 g | 8.5735 tola |
| 1 kilogram | 1,000.0000 g | 85.7353 tola |
For a theoretical 999 silver rate, divide the quoted rupees per tola by 11.6638 to obtain an approximate rupees-per-gram reference. Multiply that amount by the relevant weight. Do not apply that unchanged to sterling silver: at the same gross weight, 925 contains less fine silver than 999. Any jewellery charges require their own separate calculation.
At larger weights, rounding matters. A price displayed per gram to the nearest rupee can produce a slightly different kilogram total than one computed from the original unrounded tola rate. Ask the supplier which rate and rounding rule governs the actual invoice.
How silver jewellery differs from silver bullion
A silver chain, ring or bracelet may be valued for fit, construction, finish and workmanship, not just silver content. Sterling alloy is chosen for numerous jewellery applications, so a fine-silver bullion quote should not be treated as its complete price. The weight of a finished item may include stones and components whose value is accounted for separately.
For a bar, the buyer may care more about fineness, refiner identity, packaging and the purchase-to-resale spread. For coins, the quoted amount may include an additional manufacturing or collector premium. A commemorative label does not guarantee a coin is made from fine silver, and a low-sounding bar premium does not guarantee a genuine product.
Silver-plated household products need special caution. A piece described as silverware might be solid silver, sterling, plated or a non-silver metal. A surface coating does not justify pricing the full gross weight as pure silver. Ask for markings and composition evidence before comparing against the bullion benchmark.
Why silver prices in Pakistan may change
International silver prices are commonly discussed in US dollars per troy ounce, while buyers in Pakistan encounter rupee quotations per tola or gram. A troy ounce is about 31.1035 grams. Both the international metal quote and the USD/PKR exchange reference can influence a rupee calculation, but they do not by themselves establish a particular shop’s final selling price.
The USD-to-PKR comparison page provides relevant currency context, and the State Bank of Pakistan financial-market data identifies official exchange-rate information categories. Neither should be mistaken for a direct nationwide silver-retail price notification.
Local dealer supply, product fabrication and the difference between buying and selling prices may affect a specific offer. A hypothetical currency conversion should be labelled as a calculation, not as an independently observed market transaction.
Buying silver in Lahore, Karachi and other markets
Whether shopping in Karachi, Lahore, Islamabad, Rawalpindi or another Pakistani city, ask for a dated offer tied to one product and purity. A city heading does not guarantee the displayed price was surveyed at a local shop. Check the seller’s contact details, source information and the precise product weight before paying.
An important decision is whether the purchaser can later sell the item at a documented metal-based price. Bars, coins and jewellery may have different buyback terms, and shops can test metal content before making an offer. The headline rate may not reflect the amount the seller is willing to pay for used or damaged pieces.
Our gold rate comparison guide illustrates how purity and weight affect precious-metal valuation generally, although gold karats and silver fineness must remain distinct. A market comparison should never use a gold price to estimate the value of silver simply because both are measured in tolas.
Silver purchase checklist
- Confirm whether the quotation applies to 999 fine silver, 925 sterling or another tested purity.
- Check the metal weight in grams or tolas and subtract non-silver fittings where appropriate.
- Ask for the rate date, product origin and a written breakdown of dealer or fabrication charges.
- For bars and coins, inspect source documentation, assay information and genuine identifying marks.
- For jewellery, ask about labour, alterations and any gemstones included in the total.
- Get written return and cash buyback conditions before making a substantial purchase.
A good silver price comparison is therefore not merely the smallest rupee amount shown on a screen. It matches purity, exact weight, product type and total transaction terms. Our editorial price-verification policy explains why source dates and rate types should remain explicit.
A note on source dates and quotes
The table or feed rendered by this page’s shortcode can present the available stored or newly supplied prices. It does not independently authenticate physical silver stock or guarantee same-minute accuracy. For a major transaction, request a same-day dealer quotation and retain the date, purity, weight, source and all extra charges.
When no credible current market amount is available, it is safer to leave the price unconfirmed than to substitute a converted international spot figure or a previously reported rupee amount without disclosure. Buyers can still use the purity and conversion guidance to check the next verified quotation.
Frequently asked questions
How many grams are in one tola of silver?
One tola of silver weighs approximately 11.6638 grams, the same tola mass used for gold. The metal changes, not the unit. A 10-gram silver bar is lighter than one tola. Divide a genuine per-tola quotation by 11.6638 to estimate a matching per-gram reference and ensure both amounts describe the same silver purity and rate date.
What is the difference between 999 and 925 silver?
999 fine silver is nominally 99.9% silver, while 925 sterling silver is 92.5% silver by mass. The remainder of a sterling alloy consists of other metals. A 999 bullion benchmark therefore cannot be applied unchanged to sterling jewellery of the same gross weight. The final jewellery invoice may also include craftsmanship, stones and dealer charges.
How many tolas are in a kilogram of silver?
A kilogram contains 1,000 grams. Dividing by approximately 11.6638 grams per tola gives about 85.735 tolas. The calculation describes physical weight only; it does not predict the retail price of a one-kilogram silver bar. Purity, packaging, seller spread and any transaction fees can affect the invoice.
Is silver jewellery priced at the same rate as silver bars?
Usually the comparison needs adjustment. A bar quote may refer to fine silver with a particular purity and weight, while jewellery is often made from sterling silver and may include labour, design and fittings. Ask for an itemised jewellery quote. Compare the underlying fine-silver content separately from non-metal costs rather than treating the retail total as a bullion rate.
Can I sell silver at the advertised buying price?
That depends on what the advertised figure means. A shop’s retail asking price is not its cash buying price. A buyer of used silver may first test purity, weigh recoverable metal and apply disclosed deductions. Ask for a written purchase offer and check whether the quote applies to a bar, coin, jewellery item or scrap.
Does a 925 stamp prove a piece is real silver?
A 925 mark indicates the claimed sterling purity, but stamps can be incorrect or copied. For valuable items, consider the seller’s reliability, original invoice, product documentation and an appropriate professional test. A magnet test or visual appearance alone is not enough to establish complete metal composition or accurately price an object.
What causes the local silver rate to move?
International silver quotations, the rupee-dollar exchange rate and conditions in the relevant local market can all matter. Different publication times and buying-versus-selling quotations also produce variations. Read the rate’s timestamp and source before attributing a movement to one cause. No changing daily price can guarantee a future profit or a fixed cash resale value.