Silver Rate in Pakistan

Overview of Silver Rate in Pakistan

With a long history that extends back to ancient civilizations, silver has played a significant role in Pakistan’s economy for ages. These days, the price of silver affects many different areas of the economy, from industrial production to jewelry manufacturing 29 March 2024 Today the current rate for silver in Pakistan is Rs.2184 for 10 grams, while the rate for one tola of chandi is Rs. 2545. With daily Chandi price updates from Saraf Market, stay informed about the most recent Silver price in Karachi, Islamabad, Lahore, Peshawar, Rawalpindi, Quetta, and Faisalabad.

Silver Rates in Pakistan

Find Today’s current Silver Rates in Tola, 10g, and Kg. Watch live silver prices in Pakistan for all major cities in Pakistani currency Rupee PKR. We also provide international silver forex rates in US Dollars USD for international silver forex trading online and history prices. Precious metals are usually traded in commodity markets in bulk form known as bullion.

Today’s Current Silver Prices in Pakistan

Pakistan’s Silver Rates

Silver Known as the “poor man’s gold,” is highly valued and valuable in many civilizations, including Pakistani culture. Investors, merchants, and anyone involved in businesses dependent on silver must comprehend the dynamics of silver prices in Pakistan.

Pakistan’s Silver History

Silver has historically been used in Pakistan for a variety of functions, including monetary and decorative ones. In the past, silver coins were widely used in the area, demonstrating the value of the metal in trade and business.

Factors Affecting the Price of Silver

The dynamics of the demand-supply relationship, the state of the economy, and worldwide market trends are some of the factors that affect Pakistan’s silver prices. The interaction of these variables frequently causes price volatility for silver.

International Market Patterns

The prices on significant commodities exchanges like COMEX, as well as global market movements, have a significant impact on silver rates in Pakistan. Geopolitical tensions, inflation rates, and currency fluctuations are some of the factors that influence global silver prices, which in turn affect rates in Pakistan.

Financial Situation

The impact of silver rates is partly determined by Pakistan’s overall economic stability and growth potential. The demand for precious metals like silver and investor mood is influenced by economic indices like GDP growth, inflation, and interest rates.