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Middle East News

The Times of India

Middle East / The Times of India

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Dubai souks buzz as gold prices crash over Dh50: Eid shoppers rush to buy

Gold prices in the UAE have seen a significant drop, falling over Dh50 from recent peaks, just in time for Eid ul Fitr. This price relief has spurred a rush of last-minute shoppers to Dubai's gold souks, eager to capitalise on the dip. The market experienced hesitation followed by a sudden surge in demand, driven by global factors and profit-taking.

20 Mar 2026 12:10 am