Silver prices dip slightly in Pakistan amid market adjustments
3 Articles
3 Articles
Silver prices dip slightly in Pakistan amid market adjustments
The price of silver in Pakistan is influenced by several factors including international supply and demand, the exchange rate of the US dollar, inflation, public demand and government policies. The pricing of 52.5 tola (traditional unit) of silver holds significance because it has historically been considered a standard weight and most silver jewelry in Pakistan is crafted according to this weight and specific quality standards. Silver prices ma…


Silver Market Records Fourth Straight Supply Deficit Amidst Record Industrial Demand
Silver Market Records Fourth Straight Supply Deficit Amidst Record Industrial Demand Western markets reported the biggest sag in demand, with double-digit declines across the board. The steepest drop was in the U.S., where silver investment demand crashed by 46 percent. According to the Silver Institute, profit-taking at higher prices, market saturation, and optimism about a Trump presidency created headwinds for silver in the U.S. Mike Maharrey…
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