Unlocking the Mysteries of Silver: A Pakistani Tradition
Silver, symbolized by Ag and atomic number 47, holds a special place in Pakistani culture, commonly used in intricate jewellery, ornaments, and artefacts. Beyond its aesthetic value, silver serves as a reliable investment, offering a safe haven against economic uncertainties. Its significance extends to the industrial sector, where it plays a crucial role in electronics, solar panels, and medical equipment.
Global market trends, exchange rates, government policies, and domestic supply and demand dynamics influence silver prices in Pakistan. Fluctuations are common due to factors like speculation and seasonal demand. On September 25, 2024, the rate for 10 grams of silver stood at Rs 2,835, while one tola was priced at Rs 3,303. Changes in currency values, particularly the rupee against the US Dollar, impact silver prices as reported by the London Bullion Market Association.
Discover more: Gold Rates Today in Pakistan.
