Silver rate in Pakistan Today 1 tola chandi price Pakistan
| Last Updated Live Rates 07, December, 2023 |
Chandi rate in Pakistan
But first, What is the silver rate in Pakistan, and why are people talking about its rates? What is the price of silver today? Everyone wants to know.
So, it is the world’s 2nd most used and expensive material. And number one is Gold. And also, people make jewellery and tableware from it. Likewise, people use it for investment purposes.
It is also called “poor mangold” because it is more inexpensive and economical than gold. But it is also shiny, just like gold. And most industries use it to make their silver-based products.
So, people from everywhere invest in it. And wear it as jewellery for weddings or different functions. And most industries buy it for raw materials of their product.
| Last Updated Live Rates 07, December, 2023 |
| Silver | Current Rates |
|---|---|
| Silver 10 Grams | Rs. 2242 |
| Silver 1 Tola | Rs. 2616 |
Silver rate in Pakistan today:
They change on a day-to-day basis. Also, the dollar rate is responsible for the change in its price. Silver rates today in Pakistan are an ounce (31 grams or 2.41 kg), tola, and kg.
So today, the silver rate in Pakistan as of 2/10/2022 is RS 1300 for 10 grams of it. And today, the silver rate in Pakistan for one gram is only RS 130. Furthermore, the price for one Tola is RS 1514 only. For one kg, the value is RS 129,700. The silver rate today in Pakistan for one ounce is RS 4034, equal to 31 grams.
These prices are low compared to gold prices. Gold is more beautiful when used as jewellery. And they also have more value.
Also, yesterday, on 2/9/2022, the rate was RS 1290 for 10 grams. And for one kg, the price was RS 128,600. Also, for one, Tola was 1480 PKR. In addition, the rate for one ounce was RS 4000, equal to 31 grams.
The price for the last 8 days’ Chandi Rate in Pakistan is as follows:
| Last Updated Live Rates 07, December, 2023 |
| DATE | 10 GRAMS | PER TOLA |
|---|---|---|
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
| 24/7/2023 | Rs. 2242 | Rs. 2616 |
As you can see, rates do not change between days fast. And these prices change fast during weekly or monthly changes.
Rates according to cities
Today, the silver rate in Pakistan’s Lahore is the same as in Islamabad, Peshawar, and Multan. The value is RS 1243.14 per 10 grams in Islamabad. And the silver rate in Pakistan today Lahore is Rs 1243 per 10 grams and RS 1450 per Tola. Furthermore, the Price in Karachi is RS 1241 per 10 grams and RS 1449 Per Tola.
Weekly prices
Week-to-week prices show they change fast. And the silver rate in Pakistan today 2020 was outstanding compared to today.
Last 7 weeks prices are as follows:
· 2/10/2022 130 PKR per gram 129,700 PKR per kg 1514 PKR per tola
· 2/3/2022 129.69 PKR 129,690 PKR. 1504.404 PKR
· 1/28/2022 127.83PKR 127,830 PKR. 1482.8 PKR
· 1/21/2022 137.75 PKR 137,750 PKR. 1597.9 PKR
· 1/14/2022 130 PKR 129,700 PKR. 1514 PKR
· 1/7/2022 127 PKR 127,000 PKR. 1473.2 PKR
· 1/1/2022 1300 PKR 129,700 PKR. 1514 PKR
Monthly Prices of silver:
The silver rate in Pakistan today 2020 per Tola was cheap. And it was a good time to invest. But today it’s different and expensive.
The Price in February 2022 was RS 4049.65 Per ounce. And for one tola price was RS 1680. Also, the price for 1 gram was RS 144.83.
Similarly, the Price for January 2022 was 3967 PKR. Furthermore, for one tola price was RS 1592.
In December 2021 price was RS 3952 for one ounce. Moreover, the price for one Tola was RS 1586. And the silver rate in Pakistan per kg was 137900 PKR.
And in November 2021 price was RS 4080.43 for one ounce. Similarly, the worth of one Tola was RS 1700. Similarly worth of one gram was RS 150.21.
October 2021 was a peak month for the silver rate. And because the weight of one ounce was RS 4143.21 and the worth of one tola was RS 1763, the value of one gram was RS 159.9.
September prices were low compared to October rates. During September value of one ounce was 3785 PKR. Moreover, the price for one Tola was RS 1378 only.
In August, the value again started to climb up. And the worth of one ounce was RS 3980. Also, the price for one tola was 1598 PKR. Furthermore, the capital of one gram was 141 PKR. And the silver rate in Pakistan per kg was RS 141000.
The above data shows prices were low during September and August last year. And they started to rise again in October. So, September and August were a great couple of months to invest in it.
Value of silver in the last ten years
2022
For 1 ounce, RS 4049. And for one, tola RS 1680. Also, for one gram price was RS 144.83
2021
And for 1 ounce, RS 4080. Furthermore, today’s silver rate in Pakistan is 2021 per tola or 1700 PKR. And for one gram, RS 150
2020
2020 was the most expensive because its price in February was RS 4900 for one ounce. Today’s RS 2300 silver rate in Pakistan is 2020 per tola, which is easy to buy and use for investment purposes and tableware.
This data shows that in the year 2017, prices were low. And you could buy it for investment or jewelry purposes. Furthermore, there is a value hike between 2019 and 2020 prices. Besides, it was an excellent time for investors to invest in the silver market.
International rates.
According to the international chandi rate in Pakistan, one gram today is 0.75 USD. The price for one kg is 743.58 USD. Moreover, the value is 21.14 USD per ounce, equal to 2.41 kg.
What is the best time or when I should invest in it?
Because of the Increasing Price, you can invest in it without wasting any time. And get Proft in the future, or even you can sell it after 4 to 5 years.
Reason for price hike
Increasing USD rates compared to PKR is the main reason for the price hike. And also, it is in demand because of its use as a raw material by different industries. Furthermore, unlike Gold, it is used in tableware like spoons, plates, dishes, etc.
The Gold and silver rate in Pakistan increases due to global demand and USD hikes.
When to buy it?
If you are buying for the investment, you can buy it anytime. But if you buy it for household items or even jewellery, hold it down for two or more months or a year to add value to the drop-down.
Also, its bricks can be made for investment purposes.