Gold Hits New Heights Amid Middle East Uncertainty and U.S. Economic Shifts Dubai’s gold prices have seen a notable increase this week, with 22K gold reaching Dh304 per gram as global gold prices surpassed $2,700 per ounce. The rise in prices has been attributed to a combination of geopolitical tensions in the Middle East and expectations of a U.S. rate cut, creating an environment of heightened demand for gold as a safe-haven asset. On Thursday, Dubai Jewellery Group data revealed that 24K gold rose by Dh1.50 per gram to Dh328.50, marking an increase of Dh9.50 per gram since the beginning … Continue reading Dubai Gold Prices Surge as Geopolitical Tensions Drive Safe-Haven Demand