Dubai experienced a notable increase in gold and silver prices during early trading on Monday, February 23, 2026. The spot price of silver surged by 3.1 percent, reaching $87.23 per ounce, marking a peak not seen in over two weeks. This rise followed a significant US Supreme Court ruling on tariffs, which sparked a global commodities rally.
Simultaneously, the price of 24-karat gold in Dubai increased by more than 6 dirhams, indicating heightened investor interest in precious metals. Experts highlight that major political and economic decisions, such as this recent court verdict, frequently lead to volatility in gold and silver markets worldwide.
Investors throughout Dubai and the Gulf region are closely observing these developments to guide their investment strategies. With ongoing global uncertainties, precious metals remain a popular and stable investment choice.
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