Dubai gold prices drop below Dh538 as strong US dollar and high Treasury yields pressure global bullion, offering UAE shoppers slightly cheaper 24K and 22K rates.

Dubai gold prices drop below Dh538 as strong US dollar and high Treasury yields pressure global bullion, offering UAE shoppers slightly cheaper 24K and 22K rates.

Dubai gold prices drop below Dh538 as strong US dollar and high Treasury yields pressure global bullion, offering UAE shoppers slightly cheaper 24K and 22K rates.

Gold prices decline as a stronger dollar and rising oil prices increase expectations for Fed rate hikes.