
After weeks of soaring prices that kept many buyers on the sidelines, gold has finally taken a sharp turn in the UAE, dropping over Dh50 from its March peak and triggering a surge in last-minute Eid shopping across Dubai’s jewellery markets. For shoppers who had been waiting patiently, the dip has arrived just in time and for the gold market, it has sparked a familiar Ramadan pattern of hesitation, followed by a sudden rush.