Explore the World of Silver: A Guide to Pakistan’s Precious Metal
Silver, denoted by the symbol Ag and atomic number 47, holds a special place in Pakistani culture. From jewellery to ornaments and artefacts, silver is deeply intertwined with traditions in the region. Not only is silver cherished for its cultural significance, but it also serves as a safe-haven asset, shielding against economic uncertainties.
As the industrial sector experiences growth, the demand for silver escalates due to its essential role in electronics, solar panels, and medical equipment. The fluctuating silver prices in Pakistan are impacted by various factors, including global market trends, exchange rates, government policies, and domestic supply and demand.
On September 11, 2024, the price of 10 grams of silver stood at Rs2,531, with one tola being sold at Rs2,949. These prices are influenced by currency movements, notably against the US Dollar. Stay updated on the latest developments in the silver market to make informed decisions about this precious metal’s value and usage.
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