Gold prices in Dubai are easing after a recent surge to record highs. Retail 24-karat gold dipped to Dh 472.50 per gram from Dh 476.25, while 22-karat slipped to Dh 437.50. Gulf News Global bullion had dropped around 5 % in the prior sessions before a slight rebound. Analysts say the pullback was triggered by profit-taking and softer safe-haven demand amid improving US-China trade sentiment. However, further declines may follow as investors await clearer cues from the Federal Reserve. Read more here: https://gulfnews.com/business/markets/dubai-gold-prices-ease-after-record-run-more-declines-ahead-1.500326753
Dubai Gold Prices Ease After Record High – More Declines Ahead
