As of Friday, May 3, 2024, the current silver rate in Pakistan is Rs. 2374 for 10 grams, while the Chandi rate is Rs. 2770 for 1 tola. Stay informed about the latest silver prices in major cities like Karachi, Islamabad, Lahore, Peshawar, Rawalpindi, Quetta, and Faisalabad with daily updates from Saraf Market.
Silver Rates In Cities Of Pakistan
| CITY | 10 Grams | 1 Tola |
|---|---|---|
| Karachi | Rs. 2374 | Rs. 2770 |
| Hyderabad | Rs. 2374 | Rs. 2770 |
| Lahore | Rs. 2374 | Rs. 2770 |
| Multan | Rs. 2374 | Rs. 2770 |
| Islamabad | Rs. 2374 | Rs. 2770 |
| Faisalabad | Rs. 2374 | Rs. 2770 |
| Rawalpindi | Rs. 2374 | Rs. 2770 |
| Quetta | Rs. 2374 | Rs. 2770 |
Silver’s value often fluctuates due to various factors, including demand, supply, economic indicators, and geopolitical events. In recent years, the global economic landscape has been marked by volatility, influencing silver prices. Factors such as inflation, interest rates, and currency fluctuations impact investor sentiment towards silver as a safe-haven asset and a hedge against economic uncertainties.
In Pakistan, like in many countries, silver is not only seen as a valuable investment commodity but also holds cultural significance. It is often purchased and gifted during auspicious occasions like weddings, festivals, and religious ceremonies. This dual role as both an investment and a cultural symbol contributes to the steady demand for silver in the country.
The current silver rate of Rs. 2374 for 10 grams indicates the prevailing market sentiment towards this precious metal. Investors and traders closely monitor these rates to make informed decisions regarding buying, selling, or holding silver. For those looking to invest in silver, understanding the market dynamics and staying updated on the latest rates are crucial.
Moreover, the Chandi rate in Pakistan, currently at Rs. 2770 for 1 tola, complements the overall picture of silver pricing in the country. With Chandi being a commonly used unit for measuring silver in Pakistan, this rate is significant for both traders and consumers.
In conclusion, the silver price in Pakistan today reflects the ongoing dynamics of the precious metals market, influenced by both domestic and global factors. Staying informed about these rates is essential for anyone involved in silver trading, investment, or consumption.
INCPak daily updates Gold Price in Pakistan, Gold Price in Dubai and Gold Price in Saudi Arabia, stay updated with current rates.
