PRECIOUS METALS BLOODBATH IN DUBAI ๐จ
PANIC HITS GOLD & SILVER MARKETS ๐ฅ
Dubai woke up to a brutal sell-off as gold and silver collapsed under intense profit-taking pressure. What was euphoria just days ago has turned into full-scale panic.
๐ GOLD CRASHES BELOW Dh600/GRAM
After slipping under the psychological Dh600 mark, gold extended losses Saturday morning:
๐ป 24K Gold: Dh589.5/gram
โฌ๏ธ Down from a record Dh666 hit Thursday evening
๐ฃ Loss: Dh76.5 per gram in just TWO days
Other variants werenโt spared:
โข 22K: Dh545.75
โข 21K: Dh523.25
โข 18K: Dh448.5
โข 14K: Dh349.75
๐ Globally, gold tumbled to $5,000 per ounce, triggering aggressive profit-booking and shaking investor confidence.
๐ฅ SILVER ABSOLUTELY OBLITERATED
Silver saw one of its worst sell-offs, plunging:
โ ๏ธ -34%
๐ฅ -$40 per ounce
๐ Traders rushed for the exits as volatility exploded and fear took control.
๐ฌ Is this a healthy correctionโฆ or the start of something uglier?
Markets are on edge, liquidity is tightening, and uncertainty is ruling the tape.
๐ Stay alert. Stay hedged.
#GoldCrash #SilverCrash #DubaiGold #PreciousMetals

