Dubai gold prices continued to fall this week as global war tensions, strong US dollar performance, and high interest rates reduced investor demand for the safe-haven metal.
Dubai gold prices have rebounded near Dh550 after a sharp decline in March, supported by global economic uncertainty, geopolitical tensions and expectations around US interest rate decisions.
Read MoreGold prices in Dubai surged by more than Dh14 per gram within 24 hours as global uncertainty increased demand for the precious metal. Investors are turning to gold as a safe-haven asset amid geopolitical tensions and economic concerns.
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