Silver Price in Pakistan Today | 23-Jul-2020 | Silver Rate Today | FBTV Markets
- 4 years ago
Silver Price in Pakistan Today presented by FBTV Markets for 23-Jul-2020.
#silver #silverprice #silverpriceinpakistan #silverRateToday
Silver Price in Pakistan Today | 23-Jul-2020 | Silver Rate Today | FBTV Markets
One of the precious metals, Silver, is known to be an element. The use of silver is in electronics, coins, photography and most importantly in jewelry making. It is highly valuable among the family of elements as it has the greatest electrical conductivity among other elements. Though the uses of silver in today's age are numerous but silver is given its due importance and mostly admired in the form of jewelry worn on festivals and weddings.
History of Silver
Way back in 3000 B.C, silver mines were discovered for the first time in Anatolia, Turkey. By 1200 B.C silver mines were explored in Greece after the expansion of civilization. By 100 A.D most of the economy of the Roman Empire was driven by the silver mines that were explored that time. With the passing years, as new technology enabled in inspection of more silver mines, popularity of silver kept on increasing. In 1960, the supply of silver worldwide went very low due to which the government of United Stated decided on stopping the usage of silver coins in the form of dimes and quarters. Most of the silver was produced in Nevada, United States back in 1870. Around 20th century, the production of silver rose to 120 million ounces every year.
Value of Silver
Though most of the importance is given to gold but the fact that silver is also used as a form of investment cannot be ignored as well. Investors have always been keen on buying and selling of silver via commodities market while keeping a tight check on global macro trends. The most famous commodities markets are in United States, Europe, London and Japan. These markets mainly deal in purchase and selling of silver in the form of bars, coins and bullions.
In 2009, survey revealed that around 40% of silver demand was for industrial usage while rest of it was needed for jewelry making, coin making and for international trade. A survey conducted in 2010 revealed that 487.4 million ounces silver was used worldwide in industries, 167.0 million ounces in jewelry making and 101.3 million ounces was devoted to investments. The importance of silver can be checked from the fact that each year American Silver Eagle Coins and Canadian Silver Maple Leaf coins are duly purchased by investors from an investment viewpoint. In Unites States of America, silver can be paid to get rid of the debts and loans.
Apart from coins, bullions and bars, silver certificates can also be purchased in United States of America at the price of 1$, 5$ and 10$. Swiss Banks offer the silver accounts which allows an individual to buy or sell silver instantly.
Today silver prices in Pakistan
Pakistan silver markets
Affordable silver shopping
Silver trading
1 gram, 10 gram, ounce, tola silver price in Pakistan
Silver jewelry prices
Silver trade in Pakistan
#silver #silverprice #silverpriceinpakistan #silverRateToday
Silver Price in Pakistan Today | 23-Jul-2020 | Silver Rate Today | FBTV Markets
One of the precious metals, Silver, is known to be an element. The use of silver is in electronics, coins, photography and most importantly in jewelry making. It is highly valuable among the family of elements as it has the greatest electrical conductivity among other elements. Though the uses of silver in today's age are numerous but silver is given its due importance and mostly admired in the form of jewelry worn on festivals and weddings.
History of Silver
Way back in 3000 B.C, silver mines were discovered for the first time in Anatolia, Turkey. By 1200 B.C silver mines were explored in Greece after the expansion of civilization. By 100 A.D most of the economy of the Roman Empire was driven by the silver mines that were explored that time. With the passing years, as new technology enabled in inspection of more silver mines, popularity of silver kept on increasing. In 1960, the supply of silver worldwide went very low due to which the government of United Stated decided on stopping the usage of silver coins in the form of dimes and quarters. Most of the silver was produced in Nevada, United States back in 1870. Around 20th century, the production of silver rose to 120 million ounces every year.
Value of Silver
Though most of the importance is given to gold but the fact that silver is also used as a form of investment cannot be ignored as well. Investors have always been keen on buying and selling of silver via commodities market while keeping a tight check on global macro trends. The most famous commodities markets are in United States, Europe, London and Japan. These markets mainly deal in purchase and selling of silver in the form of bars, coins and bullions.
In 2009, survey revealed that around 40% of silver demand was for industrial usage while rest of it was needed for jewelry making, coin making and for international trade. A survey conducted in 2010 revealed that 487.4 million ounces silver was used worldwide in industries, 167.0 million ounces in jewelry making and 101.3 million ounces was devoted to investments. The importance of silver can be checked from the fact that each year American Silver Eagle Coins and Canadian Silver Maple Leaf coins are duly purchased by investors from an investment viewpoint. In Unites States of America, silver can be paid to get rid of the debts and loans.
Apart from coins, bullions and bars, silver certificates can also be purchased in United States of America at the price of 1$, 5$ and 10$. Swiss Banks offer the silver accounts which allows an individual to buy or sell silver instantly.
Today silver prices in Pakistan
Pakistan silver markets
Affordable silver shopping
Silver trading
1 gram, 10 gram, ounce, tola silver price in Pakistan
Silver jewelry prices
Silver trade in Pakistan