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Gold prices in Dubai hit nearly 374.5 dirhams per gram, leading to a significant drop in shop visits.
Gold prices in the UAE are near 374.5 dirhams per gram for 22K gold, causing a 30-50% drop in customer visits at gold shops in Dubai.
The high prices are driven by global uncertainties, including US trade tariff threats, making gold an attractive investment.
The highest price recently was Dh 383 on June 15, with potential for prices to rise another Dh1 or Dh2.
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Los precios del oro en Dubai alcanzaron casi los 374,5 dirhams por gramo, lo que llevó a una caída significativa en las visitas a las tiendas.