Israel strikes Iran: Gold prices in dubai see 2nd-highest surge of...

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Israel strikes Iran: Gold prices in dubai see 2nd-highest surge of 2025, check latest rates

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Gold prices in Dubai have surged due to escalating tensions between Israel and Iran, prompting investors to seek safe-haven assets. The 24-karat gold reached Dh412.75 per gram, nearing its all-time high, driven by geopolitical uncertainties and a weakening US dollar. This price increase may impact consumer spending habits in the UAE, especially for those purchasing gold jewellery.

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