Gold prices locally, specifically the 21-karat, have witnessed unprecedented jumps approaching the barrier of one million dinars per mithqal, creating noticeable disruption in goldsmith market sales.

This record ascent, documented by the Dijla Point News team, is attributed to the massive rush by citizens and investors to purchase gold as a safe haven to hedge against successive economic and geopolitical crises.

This local rise is closely linked to the global surge in ounce prices, driven by the decline of the dollar index and the intensification of security tensions that push investors towards safe assets.