KARACHI: The domestic gold prices for 10-gram and one-tola reached an unprecedented high of Rs269,204 and Rs314,000 on Friday, increasing by Rs4,030 and Rs4,700 day-on-day.

In the international market, the spot gold hit an all-time high of $3,004.86, before easing 0.1pc to $2,986.26 on profit-taking.

All Pakistan Sarafa Gem and Jewellers Association (APSGJA) President Qasim Shikarpuri stated that several factors have contributed to the rise in global gold prices.

The main reasons include the imposition........

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