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Author name: Dhanusha Gokulan

Dubai gold prices soar ahead of Eid Al Adha as 24K nears Dh550

date May 25, 2026

gold prices are trading around $4,557.44 per ounce, up $14.63, or 0.32 per cent. investors reacted to signs that the US and Iran may be moving closer to a deal that could reopen the Strait of Hormuz and ease pressure on global energy markets.

Source: gulfnews.com

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