Pakistan, Jan. 22 -- Gold prices surged to record levels on Wednesday, breaking Rs500,000 per tola in Pakistan for the first time. The dramatic rise reflects growing global demand, economic uncertainty, and currency fluctuations impacting the bullion market. Analysts say investors are increasingly turning to gold as a safe-haven asset amid volatile financial conditions worldwide.

In the international market, gold jumped by $127 per ounce, reaching a new peak of $4,840 per ounce. This sharp increase has fueled speculation that prices may continue climbing as geopolitical tensions and inflation concerns persist. Global traders remain alert to central bank policies and currency movements that could influence further bullion trends.

Locally...