Israel attacked Iran: Gold prices in Dubai see the 2-more jump of 2025, check the latest rates. world News
Gold prices in Dubai rose rapidly on Friday, as investors were pushed to traditional safe-hevan assets as the tension between Israel and Iran. The 24-Core Gold variant jumped from DH4 (approximately $ 1.09) per gram, reaching DH412.75 (about $ 112.84), which is close to all time per gram (about 114.84 per gram) per gram (about 114.84 per gram) earlier this year. The spike reflects a wide global trend of market volatility, where geopolitical uncertainties such as the latest aerial attacks in the Middle East have renewed the demand for stable investment options such as gold.
Update Dubai Gold Prices (Friday, June 13, till 2025):
- 24K gold: DH412.75 ($ 112.84) per gram
(DH408.75 above [$111.74] Tomorrow) - 22k gold: DH382.25 ($ 104.55) per gram
- 21k gold: DH366.50 ($ 99.80) per gram
- 18k gold: DH314.00 ($ 85.86) per gram
It marks an increase of an increase of 24k per gram (approximately $ 3.83) for 24k gold in the last three days, which is one of the most notable short -term growth this year. Meanwhile, Spot Gold was trading at $ 3,415.73 an ounce, up to 1.07%, killing its highest level in about two months.
What is increasing?
Tim Waterr, the main market analyst of KCM Trade, said, “This latest spike in hostility in the Middle East has now focused on trade talks for now.“Gold increased the previous resistance around $ 3,400 on the news of an airstrike, and the further in-store should continue to increase.” He said. Earlier this year, 24k Gold touched a record high of DH420 ($ 114.84) per gram, operating by combining factors:
- Global tariff war
- A weak US dollar
- Enhancement
Georgonal stress
Impact on consumers in UAE
Recent price jump can affect the expenses of UAE residents, especially planning to buy gold jewelery before the summer journey. It is common for migrants to buy gold as a gift for the family while visiting their home countries, but rising prices can now force a reconsideration. This trend may continue. If the geophysical risk remains high, analysts pressurize the front, deepening the instability in the region.
