World - / Jan 12, 2026 - Dubai witnesses record-breaking Gold prices as 24k crosses Dh550 - Dubai's retail gold prices hit historic highs on January 12, 2026, with 24K gold exceeding Dh550 per gram. This surge mirrors global market rallies driven by safe-haven demand, interest rate expectations, a weaker US dollar, and central bank buying. Despite record prices, Dubai remains competitive internationally.

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