Why have gold prices in Dubai suddenly surged just before Eid Al Adha, and how are shoppers reacting?

Gold prices in Dubai saw a sharp jump of Dh7.5 per gram within just five hours, driven by global market jitters over US-China trade tensions and fears surrounding tariff policies. The rate for 22K gold now stands at Dh374.5, while 24K has crossed Dh400, catching many Eid shoppers off guard. Retailers report a noticeable drop in footfall despite ongoing Eid Al Adha promotions, as buyers struggle to adjust to the steep and sudden increase. Will this price spike change your gold shopping plans this Eid? Share your views below.

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