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

IndiaTimes Friday, 13 June 2025 ()
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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