Pakistan, Nov. 4 -- Gold prices across Pakistan experienced a massive surge, rising by nearly Rs14,000 per tola on Wednesday. According to official data released by the All Pakistan Gems and Jewellers Association, 24-karat gold rose by Rs13,900 per tola. Consequently, the local price reached a record high of Rs426,036 per tola across domestic Sarafa markets. Furthermore, bullion market traders attribute the sudden domestic price surge directly to escalating global commodity valuations and currency exchange fluctuations. Therefore, retail jewelry buyers and investors are evaluating market trends closely amidst heightened price volatility.

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In line with the per-tola increase, th...