Today chandi rate in pakistan is PKR 1750 per tola. Today we will discuss the chandi price in all cities accross the pakistan.
Chandi price in different cities of pakistan
| City | Price |
| Chandi rate in karachi | PKR 1732 |
| Silver rate in Lahore | PKR 1740 |
| Silver rate in Islamabad | PKR 1728 |
| Silver rate in Peshawar | PKR 1732 |
| Silver rate in Quetta | PKR1740 |
| Silver rate in Faislabad | PKR 1728 |
| Silver rate in Multan | PKR 1732 |
| Silver rate in Sukkur | PKR1732 |
| Silver rate in Rawalpindi | PKR 1732 |
| Silver rate in Bahawalpur | PKR 1728 |
| Silver rate in Gujranwala | PKR 1728 |
| Silver rate in Mirpur | PKR 1740 |
| Silver rate in Sargodha | PKR 1740 |
| Silver rate in Hyderabad | PKR 1730 |
| Silver rate in Nawabshah | PKR 1732 |
Today chandi rate in pakistan
Table of Contents
The chandi price in pakistan varies based on a number of factors, including global market trends, supply and demand, and currency exchange rates. As of March 1, 2023, the silver price per gram in Pakistan is approximately PKR 1730.
Like other commodities, the price of silver is subject to fluctuations in the global market. Factors that can influence the price of silver include changes in economic policies, geopolitical tensions, and shifts in global supply and demand. In addition, the exchange rate between the Pakistani rupee and the US dollar can also impact the price of silver in Pakistan.
Despite these fluctuations, silver remains a popular investment option in Pakistan. It is often used as a store of value and a hedge against inflation, and many investors include silver as part of a diversified investment portfolio.
In Pakistan, silver is commonly sold in the form of bars or coins, and can be purchased from a variety of sources, including jewelers, bullion dealers, and online retailers. The price of silver may vary depending on the size and purity of the silver being purchased, as well as the seller’s markup and any applicable taxes or fees.
What is Silver?
Silver has played an important role in human history for thousands of years. It has been used as currency, jewelry, and decorative objects since ancient times, and has been found in archaeological sites dating back to the Bronze Age. In many cultures, silver is associated with wealth, prosperity, and prestige.
In ancient Greece and Rome, silver was used to mint coins and was a symbol of wealth and power. In medieval Europe, silver was used to create intricate and detailed works of art, such as chalices, reliquaries, and other religious objects. Silver was also used to create armor and weapons, such as swords and shields.
In many cultures, silver is associated with spirituality and healing. In Native American culture, silver is believed to have healing properties and is often used in traditional medicine. In Hinduism, silver is associated with the moon and is believed to have spiritual and protective properties.
What is the price of 1 kg Silver in Pakistan?
Well the 1 kg silver price in pakistan is PKR 17,365.06. And the price of 1 tola silver in pakistan is just PKR 1730, similarly price of one sovereign silver in pakistan is PKR 566.
What factors affect silver price?
The price of silver, like other commodities, is influenced by a variety of factors. Here are some of the most important factors that can affect the price of silver:
Supply and demand
The most fundamental factor that affects the price of silver is the balance between supply and demand. When there is a high demand for silver and the supply is limited, the price tends to rise. Conversely, when the supply of silver increases and the demand remains the same, the price tends to fall.
Economic indicators
The health of the economy can also have a significant impact on the price of silver. Economic indicators such as inflation, interest rates, and the strength of the U.S. dollar can all affect the demand for silver. In times of inflation, for example, investors may turn to silver as a hedge against rising prices.
Industrial demand
Silver is used in a variety of industrial applications, including electronics, solar panels, and medical devices. Changes in the demand for these products can affect the demand for silver and, as a result, its price.
Mining production
The production of silver can also affect its price. If mining production decreases, the supply of silver may become limited, which can drive up prices. Conversely, if production increases, the supply of silver may increase, which can put downward pressure on prices.
Investor sentiment
Finally, investor sentiment can also affect the price of silver. If investors are bullish on silver and believe that its price will rise, they may buy silver, which can drive up the price. Conversely, if investors are bearish on silver and believe that its price will fall, they may sell silver, which can put downward pressure on prices.
In conclusion, the price of silver is influenced by a variety of factors, including supply and demand, economic indicators, industrial demand, mining production, and investor sentiment. Understanding these factors can help investors make informed decisions about buying and selling silver.
Read also: Profitable Housing Schemes in Multan on Installments 2023
Final Words
The today chandi rate pakistan is influenced by a variety of factors, including supply and demand, economic indicators, industrial demand, mining production, and investor sentiment. Understanding these factors can help investors make inormed decisions about buying and selling silver.
