Dubai has witnessed a sharp rise in gold prices, jumping by Dh32 within 24 hours to surpass Dh600 once again. This surge comes after a US fighter jet shot down an Iranian drone near the Abraham Lincoln aircraft carrier in the Arabian Sea.
The incident has heightened geopolitical tensions between the US and Iran, prompting investors to seek safe-haven assets such as gold. The rising gold prices reflect growing concerns over regional stability, impacting markets worldwide.
Investors in Dubai and across the Gulf region are closely watching the situation as tensions continue to escalate.
Stay tuned to Questiqa World News for more latest updates.
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