金色财经|Mar 04, 2026 05:24
[Middle East Conflict Halts Dubai Shipping, Disrupting Global Gold and Silver Circulation]
According to a report by Jinse Finance, as the Middle East conflict has caused most air transportation to and from Dubai to come to a standstill, the global circulation of gold and silver is facing severe disruptions. Traders have indicated that this situation could further exacerbate the already significant volatility in precious metal prices this year. Dubai is a critical global hub for precious metal transportation, accounting for approximately 20% of global gold circulation last year. John Reade, Senior Market Strategist at the World Gold Council, stated that the availability of gold supply has already become an issue. (Jin10)
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