Silver Rates in Pakistan: 52 Tola Chandi Price in Pakistan
24k Silver Price Today
1 Tola Silver Rate on November 2, 2024 is Rs.3,379
Rs.3,379
22k Silver Price Today
1 Tola Silver Rate on November 2, 2024 is Rs.3,099
Rs.3,099
21k Silver Price Today
1 Tola Silver Rate on November 2, 2024 is Rs.2,947
Rs.2,947
18k Silver Price Today
1 Tola Silver Rate on November 2, 2024 is Rs.2,528
Rs.2,528
Silver rate in Pakistan Today November 2, 2024 is as follow:
Today Silver rate in Pakistan stands at Rs.3,379 per Tola for 24kt category and Rs.3,099 for 22k silver per tola. You can have a look at silver rates in Pakistan by further types and weights in the table below. You can also check gold rates in Pakistan by clicking on the given link.
Silver Type | Rate per Gram | Rate per 10 Grams | Rate per Tola | Rate per Ounce | Rate per Troy Ounce | Rate per Kilogram |
---|---|---|---|---|---|---|
24K | 290 | 2,900 | 3,379 | 8,221 | 9,020 | 290,000 |
22K | 266 | 2,660 | 3,099 | 7,541 | 8,274 | 266,000 |
21K | 253 | 2,530 | 2,947 | 7,172 | 7,869 | 253,000 |
18K | 217 | 2,170 | 2,528 | 6,152 | 6,749 | 217,000 |
It is always suggested to check updated market trends when you are dealing in precious metals. We provide you with regular and reliable insight on current silver rates in Pakistan. Data has been gathered through authentic sources i.e. All Gems and Jewellers Association of Pakistan and Karachi Sarafa Bazar.
Today 24k Chandi Rate in Pakistan November 2, 2024
In the List above you can have a look at updated silver rate in Pakistan by different categories, although gold and silver rates in Pakistan and around the globe fluctuate with short intervals but still you can have an updated information on silverrates.com.pk.
Silver rate in Karachi Sarafa bazaar and other national and local Sarafa bazaars are influenced by multiple factors and one of the key factors is the silver rate announced by London Bullion Market Association (LMBA) which directly impacts national and international markets.
Silver is less expensive as compared to gold but rates of silver are directly associated with gold and copper in bullion markets and many of us don’t know the fact that silver is a by-product of gold and copper.
24k Silver Rate in Different Cities of Pakistan
City | Silver Rate per Tola | Silver Rate per 10 Gram |
---|---|---|
Karachi | 3,379 | 2,900 |
Hyderabad | 3,379 | 2,900 |
Lahore | 3,379 | 2,900 |
Multan | 3,379 | 2,900 |
Islamabad | 3,379 | 2,900 |
Faisalabad | 3,379 | 2,900 |
Rawalpindi | 3,379 | 2,900 |
Quetta | 3,379 | 2,900 |
52.5 Tola Chandi Price in Different Cities of Pakistan 24 Karat
City | 52.5 Tola Chandi City Prices |
---|---|
Karachi | 177,398 |
Hyderabad | 177,398 |
Lahore | 177,398 |
Multan | 177,398 |
Islamabad | 177,398 |
Faisalabad | 177,398 |
Rawalpindi | 177,398 |
Quetta | 177,398 |
Rest assured that silver rates in Pakistan remain the same throughout the country but at the same time you can witness a slight difference of between 100 to 150 rupee across cities due to prevailing conditions.
Silver Price History-Last 15 Days
Here below you can have a look at silver price history of last 15 days in Pakistan.
Date | Silver Type | Rate per Gram | Rate per 10 Grams | Rate per Tola | Rate per Ounce | Rate per Kilogram |
---|---|---|---|---|---|---|
01-Nov-24 | 24K | 290 | 2,900 | 3,379 | 8,222 | 290,000 |
31-Oct-24 | 24K | 289 | 2,890 | 3,367 | 8,193 | 289,000 |
30-Oct-24 | 24K | 287 | 2,870 | 3,344 | 8,136 | 287,000 |
29-Oct-24 | 24K | 284 | 2,840 | 3,309 | 8,051 | 284,000 |
28-Oct-24 | 24K | 285 | 2,850 | 3,320 | 8,080 | 285,000 |
27-Oct-24 | 24K | Sunday | Sunday | Sunday | Sunday | Sunday |
26-Oct-24 | 24K | 280 | 2,800 | 3,262 | 7,938 | 280,000 |
25-Oct-24 | 24K | 279 | 2,790 | 3,250 | 7,910 | 279,000 |
24-Oct-24 | 24K | 277 | 2,770 | 3,227 | 7,853 | 277,000 |
23-Oct-24 | 24K | 276 | 2,760 | 3,215 | 7,825 | 276,000 |
22-Oct-24 | 24K | 276 | 2,760 | 3,215 | 7,825 | 276,000 |
21-Oct-24 | 24K | 276 | 2760 | 3215 | 7825 | 276000 |
20-Oct-24 | 24K | Sunday | Sunday | Sunday | Sunday | Sunday |
19-Oct-24 | 24K | 275 | 2750 | 3204 | 7796 | 275000 |
18-Oct-24 | 24K | 274 | 2740 | 3192 | 7768 | 274000 |
Factors Affecting Silver Prices
Silver pricing is influenced by multiple factors and here below we will get a brief insight about those dynamic factors in Pakistan’s context.
Political stability
Political stability in Pakistan is more crucial than ever because now it is impacting the whole economy of the country and commodities trading is one of the pillars of the country’s economy. Silver is an important commodity to trade so it’s being impacted as well.
Economic Stability
Economic stability in Pakistan like every other country has a pivotal role that can help to reduce the impact of global market trends and can give the confidence to the investor and trader to do the business fearlessly which can reduce the market pressure and stabilize current silver rates.
Inflation
Inflation rate in Pakistan has been decreased significantly to a single digit of 07.02 percent in October-2024 which was 26.8 percent in October-2023, according to an article recently published in Dawn News. As per our research, when rupee is less valued against dollar then the rate of silver will be higher and unstable regardless of its stability and decrease in global market.
US Dollar
US dollar stability directly affects the rates of silver globally, when the US dollar will be strong silver price will be low and when dollar falls against many other currencies then the silver prices will go high globally. Same goes for Pakistan because Pakistan’s largest part of trade including silver imports depends on USD.
Oil Prices
In the process of Silver mining oil is used as the largest source of energy and that’s why there is a direct correlation between the rise and fall of oil prices and the silver prices all over the world. Researches show that correlation between oil and silver prices is greater than the oil and gold prices due their industrial usage and demand.
Excessive import duties
When the country increases the import duties which are applicable to import of silver then resultantly silver prices will increase domestically which happens less often in terms of fluctuation.
Supply and Demand
Law of supply and demand “When the demand of something suddenly increases and supply may decrease then prices go high” plays a pivotal role in the trade of any commodity worldwide. Keeping in view this phenomenon, studies suggest when the demand of silver increases due to the huge investment of large organizations or private investors then prices of silver go upwards.
Today Silver Rates in Pakistan
As per latest update on November 2, 2024, the silver rate in Pakistan stands at Rs.3,379 per tola. This rate can slightly differ city to city i.e. in Lahore, Karachi, Multan, Sialkot, Gujranwala, Hyderabad, Islamabad, Jhung, Quetta, Bahawalpur and Muzaffarabad.