Dubai gold prices hold steady as regional tensions rise and Fed rate hike fears loom

khaleejtimes.com

Dubai gold prices remained stable Wednesday despite renewed regional hostilities. The price of 24K gold was Dh497 per gram, with other karats also holding steady. This stability occurs amidst Iranian and US strikes and market focus on potential Federal Reserve interest rate hikes. Market analysts suggest gold may recover lost ground long-term, while silver's outlook is less certain due to recent speculation.


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Dubai gold prices hold steady as regional tensions rise and Fed rate hike fears loom | News Minimalist