United Arab Emirates Gold price today: Gold falls, according to FXStreet data
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Gold prices fell in the United Arab Emirates, with the price per gram dropping to 357.92 AED from 359.54 AED. The decline is attributed to modest US Dollar strength, ongoing geopolitical tensions, and potential Federal Reserve interest rate cuts. Factors influencing gold prices include global conflicts, trade policy uncertainties, and expectations of monetary policy changes.
March 21, 2025 | 5:45 am
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Gold prices are experiencing modest decline due to USD strength, ongoing global conflicts, and potential Federal Reserve monetary policy adjustments.
USD strength, geopolitical tensions, and potential Fed rate cuts are creating a bearish short-term outlook for gold prices.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100