Silver Rate in Pakistan Today

Today's Silver Price Table – Selling vs Buying

Sarafa Bazar benchmark, updated: . Confirm the counter rate at your shop before dealing.

999 Fine Silver vs Local Rawa vs Sealed PSL Bars

Silver in Pakistan reaches the market in three forms, and each carries its own price line. 999 fine silver is the pure benchmark: 99.9 percent metal, used to price bars and bulk deals. PSL sealed bars are cast from that benchmark metal, sealed with a certificate card and a QR code you can scan to confirm weight and purity. Dealers treat a sealed bar as the easiest silver to buy back, which is why its buying rate stays closest to the selling rate.

Rawa is the working metal of the local bazaar. It is refined in local workshops and flows straight into jewellery, utensils and small orders. Because refining quality varies from workshop to workshop, Rawa trades a step below the pure benchmark. When you compare rates between shops, always ask which metal line they are quoting: a Rawa rate will always look cheaper than a 999 fine rate, and both can be correct.

Price trend summary

Silver has been one of the strongest moving commodities in Pakistan through 2026, following the world silver market and the movement of the rupee against the dollar. On strong world-market days the local benchmark steps up in the morning announcement; on weak days it steps down. The spread between selling and buying rates stays wider for Rawa than for sealed bars, because sealed bars are quicker to verify and resell.

For a buyer, the practical meaning is simple: sealed bars protect the value of big purchases better, while Rawa suits jewellery orders where the work matters more than the metal line. Keep every receipt with weight, purity and rate written, because your future buyback talk starts from that paper.

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