đš PRECIOUS METALS SHAKE-UP IN DUBAI đš
đ Gold & Silver face a sharp reality check
Dubai markets saw a sudden and heavy pullback in gold and silver as traders locked in profits after the recent rally. What felt like unstoppable momentum just days ago has now cooled fast.
đ GOLD SLIPS BELOW Dh600/GRAM
After breaking the key Dh600 level, prices continued easing on Saturday:
âą 24K Gold: Dh589.5/gram
âŹïž Down from the recent peak near Dh666
đ Around Dh76 lost per gram in just two days
Other gold rates followed lower:
âą 22K: Dh545.75
âą 21K: Dh523.25
âą 18K: Dh448.5
âą 14K: Dh349.75
đ On the global stage, gold also retreated toward $5,000/oz, triggering widespread profit-taking and a reset in sentiment.
đ„ SILVER FEELS THE HEAT
Silver experienced an intense correction as volatility surged:
â ïž One of the sharpest drops in recent times
đ Rapid price swings pushed traders to reduce risk
đŹ The big question now:
Is this a healthy correction after a strong rally, or the early phase of a deeper reset?
Liquidity is tightening.
Volatility is back.
Markets are recalibrating.
đ Stay focused. Manage risk. Let the dust settle.
XAUUSDT | XAGUSDT
#Gold #Silver #PreciousMetals #DubaiMarkets #BinanceSquare đâš