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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Gold Prices Climb in Dubai
Dubai's gold prices have seen an increase, driven by global trade tensions and geopolitical uncertainties. As of Wednesday morning, the price of 24-karat gold reached Dh623.25 per gram, up from Dh619.75 the previous day. Similarly, 22-karat gold rose to Dh577 from Dh573.75. This rise follows a period of volatility earlier in the month.
## Global Factors Influencing Prices
The increase in gold prices is largely attributed to ongoing global trade tensions, particularly involving US trade policies and geopolitical risks in the Middle East. A weaker US dollar and concerns over sovereign debt levels have also contributed to the demand for gold as a safe-haven asset. These factors have helped gold stabilize above the $5,000 per ounce mark, recovering from earlier losses.
## Market Volatility and Investor Sentiment
Throughout February, Dubai's gold market has experienced significant fluctuations. Prices began the month near Dh589 per gram for 24K gold, briefly dropping to Dh564 before rallying past Dh600 by mid-February. The market's volatility reflects global economic and political developments, including US trade policies and Federal Reserve interest rate expectations.
## Outlook and Future Trends
The future direction of gold prices in Dubai will likely depend on upcoming US economic data, such as inflation and labor market reports, which could influence interest rate expectations and currency movements. Continued geopolitical tensions and trade uncertainties are expected to maintain strong demand for gold, suggesting that prices may remain volatile but supported in the near term.
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