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The rebound brings Dubai gold prices back close to levels seen earlier this week, although they remain below the month’s highs recorded at the start of June.
Prices swing through June
Gold has seen wide moves in Dubai this month as geopolitical risk, oil prices and expectations around US interest rates kept buyers and investors on edge.
The 24-karat rate began June at Dh539.75 per gram and climbed to Dh542.50 on June 2, the highest level recorded so far this month. It eased to Dh536 on June 3 and Dh538.50 on June 4, before dropping to…