PANews
PANews|Mar 07, 2026 15:28
[Large Quantities of Gold Stranded in Dubai Being Sold at Discounts] According to CCTV Finance, the prices of gold and other safe-haven assets have continued to fluctuate at high levels this week. While they saw a significant surge at the onset of the conflict, they have since oscillated downward. As one of the world's key gold trading hubs, Dubai's local gold market has experienced a noticeable increase in trading volume this week, with some investors shifting their funds toward gold and other safe-haven assets. Meanwhile, due to flight suspensions and disruptions in logistics channels, large quantities of gold have been stranded in Dubai. Reports indicate that some traders have started selling gold at discounts of up to $30 per ounce below the London benchmark price.
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