Gold prices in Dubai edged lower on Thursday after stronger-than-expected US jobs data prompted a rethink on interest rate cuts and weighed on global bullion markets. At opening, 24-karat gold traded around Dh610.25 per gram, slightly down from the previous day, while 22-karat also saw a small dip. Traders said the shift came as investors reacted to fresh economic signals that reduced immediate support for non-yielding assets like gold. Despite the mild decline, prices remain elevated compared with earlier in the year as demand stays tied to broader global trends and market sentiment.
Dubai Gold Prices Slip After US Jobs Data Shifts Market
United Arab Emirates

Zepnew - One Click And Get Blobal Business News In 99 Words.
