Silver, a precious metal known for its beauty and industrial applications, is a popular investment choice in Pakistan. Today, we’ll explore the current silver prices and some factors influencing them.

As of today, Sunday, April 16, 2024, silver prices in Pakistan are showing stability. Here’s a quick breakdown:

  • Price per Tola: Prices are hovering around PKR 2,417 (subject to change due to market fluctuations).
  • Price per Gram: You can expect to pay roughly PKR 207 per gram.
Silver Price Per Tola2418 PKR
Silver Price Per Gram207 PKR

Factors Affecting Silver Prices in Pakistan:

  • Global Silver Market: International silver prices significantly impact Pakistani rates.
  • Gold-Silver Ratio: The relative price of gold to silver influences buying decisions and can affect silver prices.
  • Pakistani Rupee Exchange Rate: Fluctuations in the Pakistani Rupee against other currencies can cause silver prices to rise or fall.
  • Supply and Demand: Local market forces of supply and demand can also play a role.

Additional Tips:

  • Be aware of making charges that some jewellers may add on top of the quoted price.
  • Consider the weight you’re interested in buying, as prices are typically listed per tola (approximately 11.66 grams) or per gram.

Remember: These are just some of the factors affecting silver prices. It’s always a good idea to do your research before making any investment decisions.