Islamabad, Sep 24: Silver, symbolized by Ag and atomic number 47, holds significant cultural and economic importance in Pakistan.
Traditionally used in jewelry, ornaments, and artifacts, silver is also considered a reliable investment during economic uncertainties. Its growing industrial demand, particularly in electronics, solar panels, and medical equipment, has further increased its relevance.
Silver prices in Pakistan fluctuate based on global market trends, exchange rates, government policies, and domestic factors. Speculation and seasonal demand contribute to volatility.
On September 24, 2024, 10 grams of silver were priced at Rs 2,786, while one tola was sold at Rs 3,246. These fluctuations were influenced by movements in the Pakistani rupee against the US dollar, as reflected by the London Bullion Market Association.
