Silver Price Today in Pakistan 2024

The current price of silver in Pakistan stands at Rs. 1624 per 10 grams and Rs. 2550 per tola as of today. These prices reflect the ongoing trends in the market, which can fluctuate due to various global and local factors, making it essential for buyers and investors to stay updated.

Silver holds great importance in Pakistan, both culturally and economically. Silver is commonly crafted into jewelry, especially for weddings and festive occasions, and is also regarded as a secure investment choice. Many Pakistanis view silver as a reliable store of value, often turning to it as a hedge against inflation or economic uncertainty.

Silver Price in Pakistan (Updated Rate)

Silver prices in Pakistan are constantly influenced by global market conditions and local demand. As a precious metal, silver’s value can change due to economic factors, making it important for buyers to stay informed about the latest rates. Whether you’re purchasing for jewelry or investment purposes, understanding the fluctuations in silver prices is key to making the right decision.

Silver Type	Rate per Gram	Rate per 10 Grams	Rate per Tola	Rate per Troy Ounce	Rate Per Kilo
18k	162	1624	1894	5051	162,392
22k	200	1999	2331	6217	199,887
24K	219	2186	2550	6800	218,621
21k	191	1905	2222	5925	190,507

Also Read: Gold Price in Pakistan Today

Silver Rate for 52.5 Tola in Different Pakistani Cities

The silver rate for 52.5 tola varies across different cities in Pakistan, reflecting local market trends and demand. Below, we explore the prices in key cities.

City Name	52.5 Tola Chandi City Prices
Lahore	133,875
Faisalabad	133,875
Karachi	133,875
Quetta	133,875
Rawalpindi	133,875
Multan	133,875
Hyderabad	133,875
Islamabad	133,875

Silver Prices in Major Pakistani Cities

Silver prices can differ significantly from one city to another in Pakistan, depending on factors like demand and local market conditions. Below, we break down the rates in major cities.

City Name	Silver Rate per Tola	Silver Rate per 10 grams
Faisalabad	2,550	2,186
Lahore	2,550	2,186
Quetta	2,550	2,186
Islamabad	2,550	2,186
Hyderabad	2,550	2,186
Rawalpindi	2,550	2,186
Karachi	2,550	2,186
Multan	2,550	2,186

Factors Affecting Silver Price in Pakistan

Global Market Trends

Global market trends play a significant role in determining silver prices in Pakistan. As silver is traded internationally, changes in the global economy, including supply and demand in major markets like India and China, directly affect its local value.

Inflation and Currency Fluctuations

Inflation and currency fluctuations in Pakistan also contribute to the rise or fall of silver prices. When the Pakistani Rupee weakens against the US Dollar, the cost of importing silver increases, leading to higher local prices.

Demand and Supply

The balance of demand and supply is another key factor influencing silver prices. During times of high demand for jewelry or investment purposes, silver prices tend to rise, while an oversupply in the market can lead to price reductions.

Why is Silver So Important in Pakistan?

Silver holds cultural and economic significance in Pakistan, particularly in the form of jewelry. It is commonly used in weddings, religious events, and festivals, symbolizing prosperity and tradition. Many people view silver as a form of wealth preservation, passing it down through generations.

Economically, silver is considered a reliable investment. With its relatively stable price compared to gold, it serves as a safe haven during times of financial uncertainty. In Pakistan, silver is not only a valuable asset but also an essential part of daily life and celebration.

Tips for Buying Silver (Chandi) in Pakistan

Check for authenticity: Always purchase from reputable jewelers or certified dealers to ensure the silver is genuine. Request a certificate of purity if possible.
Monitor market rates: Silver prices fluctuate, so buying when rates are lower can save you money.
Check multiple stores: Take the time to browse around and compare prices to ensure you get the best value for your purchase.
Inquire about extra charges: Ask about hidden costs or making fees to avoid unexpected expenses.

Also Read: Diamond Ring Prices in Pakistan

Overall Conclusion

Silver continues to hold great value in Pakistan, both culturally and economically. Its price is influenced by global trends, local demand, and economic factors like inflation. Whether for investment or personal use, staying informed about silver prices and buying from trusted sources ensures you make the best decisions. With proper knowledge, silver can be a reliable asset in Pakistan’s dynamic market.

Frequently Asked Questions (FAQs)

The current silver Rate in Pakistan is Rs. 2816 for 10 grams and Rs. 3285 per tola. However, silver prices are subject to change based on market conditions.

Silver prices fluctuate due to factors such as global market trends, inflation, currency fluctuations, and local demand and supply conditions.

Silver can be purchased from local jewelry stores, online platforms, and silver markets in major cities like Karachi, Lahore, and Islamabad.

Yes, silver is considered a good investment option, especially for those seeking a relatively stable asset during economic uncertainty and inflation.

To ensure purity, buy silver from certified dealers or jewelers who offer a certificate of authenticity. You can also check the silver’s hallmark for confirmation of its purity.