đš PRECIOUS METALS SHOCKER IN DUBAI đš
Gold & Silver Markets Hit by Sudden Panic đ„
Dubai markets witnessed a sharp and brutal sell-off as gold and silver plunged hard, wiping out recent gains. Just days ago it was pure euphoria â today, fear is dominating the trade.
đ GOLD SLIPS BELOW Dh600/GRAM
Breaking the key psychological level, gold continued falling on Saturday morning:
đ» 24K Gold: Dh589.5/gram
âŹïž Down from Thursdayâs record high of Dh666
đŁ Total Damage: Dh76.5 per gram in just 48 hours
Other gold variants followed the slide: âą 22K: Dh545.75
âą 21K: Dh523.25
âą 18K: Dh448.5
âą 14K: Dh349.75
đ In global markets, gold tumbled to $5,000 per ounce, sparking heavy profit-booking and rattling investor sentiment.
đ„ SILVER IN FREE FALL
Silver faced one of its most violent sell-offs:
â ïž Down 34%
đ„ -$40 per ounce
đ Panic selling intensified as volatility surged and traders rushed to exit positions.
đŹ Big question: Is this just a healthy correction â or the beginning of a deeper breakdown?
Liquidity is tightening, nerves are frayed, and uncertainty is firmly in control.
đ Stay cautious. Stay hedged.
#GoldCrash #SilverCrash #DubaiGold #SilverCrash #MarketVolatility