Will Dubai gold rates drop below Dh370? Trump’s ‘big beautiful bill’ sparks hope

Dubai gold prices remain high despite hopes of a dip following the U.S. budget bill's approval. Retailers expect prices to fall below Dh370 ($100.75), a key threshold for buyers. Strengthening of the U.S. dollar, driven by the new legislation, could push gold prices down. Shoppers are waiting eagerly before the summer vacation season to make purchases.

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