PRECIOUS METALS BLOODBATH IN DUBAI 🚨
PANIC HITS GOLD & SILVER MARKETS 💥
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.
💛 GOLD CRASHES BELOW Dh600/GRAM
After slipping under the psychological Dh600 mark, gold extended losses Saturday morning:
🔻 24K Gold: Dh589.5/gram
⬇️ Down from a record Dh666 hit Thursday evening
💣 Loss: Dh76.5 per gram in just TWO days
Other variants weren’t spared:
• 22K: Dh545.75
• 21K: Dh523.25
• 18K: Dh448.5
• 14K: Dh349.75
🌍 Globally, gold tumbled to $5,000 per ounce, triggering aggressive profit-booking and shaking investor confidence.
🥈 SILVER ABSOLUTELY OBLITERATED
Silver saw one of its worst sell-offs, plunging:
⚠️ -34%
💥 -$40 per ounce
📉 Traders rushed for the exits as volatility exploded and fear took control.
💬 Is this a healthy correction… or the start of something uglier?
Markets are on edge, liquidity is tightening, and uncertainty is ruling the tape.
👇 Stay alert. Stay hedged.
#GoldCrash #SilverCrash #DubaiGold #MarketPanic #PreciousMetals