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What do investors and residents think about Dubai gold prices falling by Dh5 amid renewed tensions over US-Iran ceasefire talks?

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Asked 2 months, 3 weeks ago
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Day of Dubai
Many market watchers believe the drop reflects how sensitive gold prices remain to geopolitical uncertainty, currency movements, and investor sentiment, while others feel the decline could encourage buyers in the UAE to return to the jewellery market after recent record highs—though concerns continue to grow over instability surrounding the Strait of Hormuz, with analysts warning that any further escalation could quickly reverse the trend and push safe-haven demand for gold higher again.
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