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Experts warn of further gold volatility as swings show ‘healthy correction’

Khaleej Times

|

November 03, 2025

Gold's latest price movements have left investors and jewellery buyers weighing whether the recent pullback signals the begin ning of a deeper retreat or simply a natural cooling period after an exceptional rally.

- Issac John

Experts warn of further gold volatility as swings show ‘healthy correction’

Market strategists describe gold's decline as a classic correction following extreme overbought conditions.

(FILE PHOTO)

In the UAE, gold prices edged modestly higher on Friday, reflecting resilience in local demand and broad support from global factors.

According to Dubai Gold and Jewellery Group, 24-carat gold closed at Dh482.75 per gram, up from Dh479 the previous day, while 22-carat traded at Dh447, 21-carat at Dh428.50, and 18-carat at Dh367.50. The gains were measured, but notable for occurring during a week when global bullion prices have been retracing from record peaks.

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