On February 12, 2026, silver prices in Pakistan experienced a significant increase, reaching Rs. 11,502 per tola, as reported by ARY News. This rise is attributed to strong international precious metals trends and robust local buying. The local rates are Rs. 9,859 per 10 grams and Rs. 985.9 per gram. The surge in silver prices is closely linked to the momentum in gold prices, with local 24K gold surpassing Rs. 528,000 per tola. ARY News highlights that silver's essential industrial applications, such as in solar panels and electric vehicles, ensure steady demand, further bolstering prices. The sentiment is positive, with local buyers and jewelers increasingly viewing silver as a budget-friendly alternative to gold and a hedge against inflation.