🚨 PRECIOUS METALS SHOCKER IN DUBAI 🚨
Gold & Silver Markets Hit by Sudden Panic 💥
Dubai markets witnessed a sharp and brutal sell-off as gold and silver plunged hard, wiping out recent gains. Just days ago it was pure euphoria — today, fear is dominating the trade.
💛 GOLD SLIPS BELOW Dh600/GRAM
Breaking the key psychological level, gold continued falling on Saturday morning:
🔻 24K Gold: Dh589.5/gram
⬇️ Down from Thursday’s record high of Dh666
💣 Total Damage: Dh76.5 per gram in just 48 hours
Other gold variants followed the slide: • 22K: Dh545.75
• 21K: Dh523.25
• 18K: Dh448.5
• 14K: Dh349.75
🌍 In global markets, gold tumbled to $5,000 per ounce, sparking heavy profit-booking and rattling investor sentiment.
🥈 SILVER IN FREE FALL
Silver faced one of its most violent sell-offs:
⚠️ Down 34%
💥 -$40 per ounce
📉 Panic selling intensified as volatility surged and traders rushed to exit positions.
💬 Big question: Is this just a healthy correction — or the beginning of a deeper breakdown?
Liquidity is tightening, nerves are frayed, and uncertainty is firmly in control.
👇 Stay cautious. Stay hedged.
#GoldCrash #SilverCrash #DubaiGold #SilverCrash #MarketVolatility