Chandi Rate Per Tola
Since ancient times, silver has been a valuable and versatile asset. The cost of silver per tola has attracted a lot of interest lately from both investors and fans. Anyone interested in silver should have a solid understanding of the mechanics underlying the price of this precious metal.
As of today, 31 March 2024, the silver rate in Pakistan is as follows:
- Rs 219 per 1 gram
- Rs. 21,84 per 10 grams
- Rs. 2545 per tola
- Rs. 6,800 per 1 ounce
- Rs. 281, 620 per 1 kilogram
Please note that the Chandi rate remains the same all over Pakistan but you may notice a slight difference of a few hundred rupees across cities.
Today Chandi Rates in Pakistan,
Silver Type | Rate per Gram | Rate per 10 Grams | Rate per Tola | Rate per Troy Ounce | Rate per Kilogram |
24K | 219 | 2184 | 2545 | 6800 | 281,620 |
22K | 200 | 1990 | 2330 | 6210 | 199,875 |
21K | 190 | 1900 | 2,220 | 5,920 | 190,505 |
18K | 160 | 1620 | 1890 | 5050 | 162,390 |
The rates shown in the above table for silver in 24, 22, 21, and 18K are only estimates; as gold and silver prices change throughout the day, there may be differences of a few hundred rupees between locations. For the most recent silver rates, visit your city’s bullion market before making any purchases.
Silver Rate in Different Cities of Pakistan
City | Silver Rate per Tola | Silver Rate per 10 Gram |
Karachi | 2545 | 2184 |
Hyderabad | 2545 | 2184 |
Lahore | 2545 | 2184 |
Multan | 2545 | 2184 |
Islamabad | 2560 | 2184 |
Faisalabad | 2545 | 2184 |
Rawalpindi | 2545 | 2184 |
Quetta | 2545 | 2184 |
Elements Affecting the Price of Silver
International Economic Situation
The way the world economy is doing has a significant impact on silver prices. Geopolitical concerns, inflation rates, and economic growth can all affect how investors feel about silver.
Industrial Requirements
Many industries, such as electronics, healthcare, and renewable energy, employ silver extensively. Price fluctuations for silver may be directly impacted by changes in industrial demand.
Demand for Investments
In addition, silver is a highly sought-after investment asset, especially in difficult economic times. Silver prices may rise in response to increased investor demand.
Past Patterns of Chandi Prices
Examining past patterns offers a significant understanding of how silver prices behave over time. Investors can make well-informed selections regarding their silver investments by looking at historical trends.
Comprehending Tola Measurement
South Asia is among the numerous areas where silver is measured in tolas. Comprehending this conventional measurement system is vital for the precise monitoring of silver rates.
Current Prices for Chandi per Tola
The cost of silver per tola is 2545 per Tola as of 27 March 2024. This number varies every day according to supply and demand dynamics in the market.
Effects of Exchange Rate Changes and Inflation
Currency fluctuations and inflation can have a big effect on silver’s buying power. Silver is a popular choice among investors as a hedge against inflation and currency depreciation.
Prospects for Silver Prices in the Future
Although it is difficult to forecast silver prices precisely, experts frequently take into account variables including supply and demand dynamics, technical developments, and economic indicators to estimate the possible trajectory of silver prices.
Advice for Chandi Investing
Diversification: Adding silver to a varied investment portfolio can improve long-term returns and reduce risk.
study and Analysis: Before deciding on any silver investment, careful study and analysis must be done.
Long-Term view: Investors can weather short-term volatility in the silver market by adopting a long-term view.
Comparison with Gold Prices
Because Chandi is considered a precious metal, it is frequently compared to gold. Due to its lower price and industrial uses, silver has special investment prospects, even though gold is typically considered a better store of wealth.
The Value of Keeping an Eye on Silver Prices
Keeping a close eye on silver prices enables investors to keep on top of market developments and make well-timed investment decisions. Convenient solutions for tracking silver rates are offered by smartphone apps and online sites.
Chandi Cultural Significance
Around the world, change is significant to many societies’ cultures. Silver has been an essential component of human culture for millennia, found in everything from jewelry and ceremonial objects to money and ornamentation.
Eco-Friendly Methods for Silver Mining
Adopting eco-friendly procedures is becoming more and more important in the silver mining business due to growing concerns about environmental sustainability. Initiatives for sustainable mining seek to reduce the negative effects of silver extraction on the environment.
The Perils of Investing in Silver
Silver investment has inherent risks such as market volatility, regulatory changes, and geopolitical concerns, just like any other investment. When purchasing silver, investors should carefully consider how much risk they are willing to take.
Professional Views on the Silver Market
Finance and economics specialists frequently offer insightful analysis of the silver market. Investors navigating the intricacies of the silver investment landscape might benefit from their analysis and projections.
Date | Per 10g | Per Tola |
---|---|---|
31 March 2024 | Rs. 2229.12 | Rs. 2600 |
30 March 2024 | Rs. 2229.12 | Rs. 2600 |
29 March 2024 | Rs. 2229.12 | Rs. 2600 |
28 March 2024 | Rs. 2229.12 | Rs. 2600 |
27 March 2024 | Rs. 2229.12 | Rs. 2600 |
26 March 2024 |
Rs. 2229.12 |
Rs. 2600 |