Silver prices in Pakistan have adjusted sharply once again, following intense volatility in the international precious metals market. After hitting extreme highs earlier this week, rates have now moved lower, impacting buyers and investors across the country.

🇵🇰 Today’s Silver Prices in Major Cities
As of January 31, 2026, silver prices remain uniform across major cities:
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Per tola: Rs. 15,104
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10 grams: Rs. 12,946
These rates apply to:
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Karachi
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Lahore
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Islamabad
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Rawalpindi
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Multan
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Hyderabad
Minor variations may occur depending on local dealers and market demand.
📉 Silver Price Trend — Last 10 Days
Silver has witnessed exceptional volatility over the past ten days:
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Prices surged above Rs. 17,500 per tola earlier this week
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A sharp correction followed, bringing rates closer to Rs. 15,100 per tola today
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Just days earlier, silver was trading near Rs. 10,300 per tola, highlighting the scale of recent fluctuations
Market analysts describe this movement as one of the most volatile periods for silver in recent years.
🌍 Why Silver Prices Are Moving So Fast
Experts say silver prices are reacting to:
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Global profit-taking after record highs
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Movements in gold prices
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International economic uncertainty
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Strong speculative activity in precious metals
Unlike gold, silver often experiences sharper swings, making it more sensitive to short-term market sentiment.
🔮 What This Means for Buyers and Investors
With silver showing extreme ups and downs:
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Short-term buyers are advised to remain cautious
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Long-term investors are closely watching global cues
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Any movement in international markets could quickly impact local prices
Experts recommend tracking daily updates before making buying or selling decisions.