In the UAE, 24K gold opened at Dh544 per gram, up from Dh541.25 at yesterday’s close. Market turbulence International gold rates stood at 4,518.27, up 16.37 points or 0.36 per cent. However, analysts say the broader trend for bullion remains fragile after recent sharp declines.Daniela Hathorn, senior market analyst at Capital.com, said gold has come under renewed pressure in recent sessions as rising bond yields, a firmer US dollar and easing geopolitical fears continue to weigh on investor sentiment. According to Hathorn, markets have increasingly rotated back toward risk assets as fears surrounding the Middle East conflict begin to ease.Rates in IndiaIndian gold prices also moved sharply higher today. The price of 24K gold climbed to ₹157,640 per 10 grams from ₹156,050 yesterday, while 22K gold increased to ₹144,500 from ₹143,050. Hathorn noted that improving expectations around US-Iran negotiations and reduced fears of a major energy supply shock have weakened demand for safe-haven assets such as gold. Falling oil prices have also helped reduce concerns about a prolonged inflation spike tied to the Iran conflict.