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UAE gold prices decline to AED505.75 as investor caution rises ahead of Fed meeting...
04 Dec, 2025 08:11
240 min read
Gold prices fell as investors turned cautious ahead of the U.S. Federal Reserve's policy meeting next week, with the UAE market seeing a drop to AED505.75 for 24-carat gold. The decline was attributed to short-term profit-taking and a slight dollar rebound, though expectations for a Fed rate cut and strong fundamentals provide underlying support. Markets are now focused on upcoming inflation data and are pricing in a high likelihood of a rate cut. Silver also retreated after hitting a record high....
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