KARACHI: Domestic 10-gram and one-tola gold rates reached an all-time high of Rs275,205 and Rs321,000 on Thursday, up by Rs2,743 and Rs3,200 on rising world bullion prices day-on-day.

The imposition of a 25 per cent tariff on imported vehicles by US President Donald Trump and rising geo-political tensions further pushed the world gold rate by $31 to $3,052 per ounce.

The All Pakistan Sarafa Gems and Jewellers Association (APSGJA) fixes the daily domestic rates based on interbank rates, which have not shown any significant fluctuation for over a year.

Traders have been in distress due to the ongoing sales lull as prices have exceeded the reach of many........

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