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Middle East News

The Times of India

Middle East / The Times of India

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Dubai witnesses record-breaking Gold prices as 24k crosses Dh550

Dubai's retail gold prices hit historic highs on January 12, 2026, with 24K gold exceeding Dh550 per gram. This surge mirrors global market rallies driven by safe-haven demand, interest rate expectations, a weaker US dollar, and central bank buying. Despite record prices, Dubai remains competitive internationally.

12 Jan 2026 12:10 pm