šØ PRECIOUS METALS BLOODBATH IN DUBAI šØ
PANIC HITS GOLD & SILVER MARKETS š„
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.
š GOLD CRASHES BELOW Dh600/GRAM
After slipping under the psychological Dh600 mark, gold extended losses Saturday morning:
š» 24K Gold: Dh589.5/gram
ā¬ļø Down from a record Dh666 hit Thursday evening
š£ Loss: Dh76.5 per gram in just TWO days
Other variants werenāt spared:
⢠22K: Dh545.75
⢠21K: Dh523.25
⢠18K: Dh448.5
⢠14K: Dh349.75
š Globally, gold tumbled to $5,000 per ounce, triggering aggressive profit-booking and shaking investor confidence.
š„ SILVER ABSOLUTELY OBLITERATED
Silver saw one of its worst sell-offs, plunging:
ā ļø -34%
š„ -$40 per ounce
š Traders rushed for the exits as volatility exploded and fear took control.
š¬ Is this a healthy correction⦠or the start of something uglier?
Markets are on edge, liquidity is tightening, and uncertainty is ruling the tape.
š Stay alert. Stay hedged.
#GoldCrash #SilverCrash #DubaiGold #MarketPanic #PreciousMetals

