Silver Reaches Record High in Global and Pakistani Markets

Published On: January 22, 2026

After gold surged to record levels, silver prices have also climbed to an all-time high in both global and Pakistani markets, reflecting strong investor demand and ongoing uncertainty in international markets.

In the global market, silver prices jumped by 7.5 percent, reaching $93 per ounce, marking the highest level ever recorded. According to international media reports, the current rally in silver began in 2025, and within just 13 months, silver prices have surged by more than 210 percent.

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Silver Reaches Record High in Global and Pakistani Markets

Pakistan has also witnessed a sharp rise in silver prices. In the local bullion market, the price of one tola of silver reached Rs. 9,575, setting a new historical high.

The surge in silver comes alongside a record-breaking rally in gold prices. In Pakistan, gold has climbed to Rs. 486,162 per tola, while in the international market, gold is trading at $4,638 per ounce, also its highest-ever level.

Market analysts attribute the sharp increase in precious metal prices to global economic uncertainty, inflationary pressures, currency fluctuations, and increased demand for safe-haven assets. Rising geopolitical tensions and expectations of changes in monetary policy have further fueled investor interest in gold and silver.

With both metals trading at record highs, experts believe price volatility may continue in the coming weeks as global markets react to economic and political developments.