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Dubai Gold Hits All-Time High After Israel-Iran Escalation

Dubai’s gold price surged to record levels as Middle East tensions drove investors toward safe-haven assets.

  • Publish date: Friday، 13 June 2025
Dubai Gold Hits All-Time High After Israel-Iran Escalation

Dubai's 22K gold rate jumped to AED 381.75 per gram, beating yesterday’s AED 378.50 and touching its highest official mark. The 24K rate also soared to AED 412.50.

Global Gold Surpasses $3,400/Ounce

Spot gold prices surged over $100 in just hours, settling around $3,429/oz. Analysts say it could climb further——perhaps even to $3,500.

Safe-Haven Boom amid Middle East Crisis

The sharp rise came after Israel launched airstrikes on Iran’s nuclear facilities. Tensions have sparked a global move toward gold and other secure assets like the U.S. dollar and Swiss franc.

Past Peak vs. Today’s Surge

Dubai’s current high rivals April’s peak at AED 388, when US tariffs drove gold demand. However, AED 381.75 remains the highest official rate reached so far

What Shoppers and Investors Should Do

Experts advise buyers to watch price momentum closely. If gold nears $3,500, volatility may rise. Many suggest delaying new purchases and focusing on exchanging existing gold jewelry.

Why It Matters

Gold’s surge reflects rising geopolitical risk and a weakening US dollar. For investors, it’s the classic hedge play. For shoppers, it’s a caution: prices are hot, and they might get hotter.

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