rates

Air freight rates rise amid Red Sea crisis

Global air freight rates have risen due to the Red Sea crisis, with increased demand ahead of Asia's lunar new year and disruptions to ocean shipping. Factories in China closing for the holiday have pushed companies to secure costlier air cargo space. The crisis has led to longer transit times and prompted some customers to move to air freight

Gold rates decline in Pakistan

Gold prices in Pakistan dropped as the tola rate of 24 karat gold decreased by Rs1400, while the price of 10 grams of 24 karat gold increased by the same amount to Rs213,800. The international market saw a $12 rise to $2035. Silver prices also decreased, as per All Sindh Sarafa Jewellers Association.

Gold rates in Pakistan today; January 19 2024

Gold rates in Pakistan saw an increase on January 19, 2024, with the price for 10 grams of 24 karat gold rising by Rs1300 to Rs215,000. The international market also experienced a rise in gold prices, with spot gold increasing by $13 to $2045. Additionally, spot platinum rose to $910.72 and palladium to $945.57.

Gold rates drop further in Pakistan

Gold rates dropped in Pakistan, with 24 karat gold decreasing by Rs.1,800 per tola to Rs.218,200, and 10 grams of 24 karat gold decreased by Rs.1,543 to Rs.187,071. The price of silver also declined. Internationally, gold was sold at $2,067. The Pakistani rupee gained against the US dollar, settling at 281.67. FBR finalized a tax scheme for retailers.