Silver Rate In Pakistan Today
Silver is a valuable ornament that is common all over the world, including Pakistan. As a result, if you're searching for Sliver rates in Pakistan today, you can easily and conveniently find it on this website, as the page has the capability of providing its visitors with accurate and perfect Chandi (Silver) Rate in Pakistan.
|Location||10 Grams||1 Tola|
|Pakistan||Rs. 1,281||Rs. 1,493|
|Karachi||Rs. 1,281||Rs. 1,493|
|Lahore||Rs. 1,281||Rs. 1,493|
|Islamabad||Rs. 1,281||Rs. 1,493|
|Rawalpindi||Rs. 1,281||Rs. 1,493|
|Peshawar||Rs. 1,281||Rs. 1,493|
|Quetta||Rs. 1,281||Rs. 1,493|
Before you find out today's silver rate, there are certain things that you must know about it. Silver is a precious metal, which is used widely by people for various purposes. Since the rate of silver is lower than the rate of gold, people chose silver over gold. It is soft and simple to break into thin sheets, allowing it to be used for various purposes.
Where Does It Come From?
Sliver is obtained by extracting various minerals such as argentite, chlorargyrite, and galena. Aside from that, silver can be found in small amounts in gold, copper, zinc, and lead ores.
History Of Silver
Silver's history can be traced back to 300 B.C., when the first silver mine was discovered in Anatolia, Turkey. After that, it was discovered in Greece. It was widely used as a form of currency in the early days, and many countries adopted it as their national currency. With the passing of time, silver became more common. It is now available worldwide; it is estimated that annual silver production has risen to 120 million ounces in reality.
Silver Rate Determination In Pakistan
The London Bullion Market Association determines the Chandi (Silver) Rate in Pakistan. However, due to various economic and political conditions, the Chandi (Silver) Rate in Pakistan has remained unstable and unfixed. It means that if a nation experiences an economic downturn or political defeat, the price of silver rises. In Pakistan, the gold rate is directly related to the silver rate, so if the gold rate is high, the silver rate will also be high.
If we speak about the current situation, the Sliver Rate in Pakistan is always higher than the rate list of other countries. In Pakistan, however, the Chandi (Silver) Rate is lower than the Gold Rate. Furthermore, the following are some of the variables that will directly affect Pakistan's Sliver Rate Per Tola.
Factors Impacting The Silver Price In Pakistan
- Economic stability or uncertainty will have a direct impact on the price of Chandi (Silver) in the region, meaning that when economic conditions are favorable over time, the rate will be lower.
- If Pakistan is experiencing a poor supply of silver, the rate will be higher.
- In the same way that the gold rate changes, the Chandi (Silver) rate changes as well.
- Political trends have a strong impact on the price of silver.
- The price is affected by changes in the US dollar.
The factors listed above are some of the most important ones that directly impact the silver rate in Pakistan.
We provide you with accurate silver prices in Pakistan today. Keep an eye on our page!