Dubai gold prices resumed their upward march on Friday morning, adding fresh pressure on shoppers and investors already navigating one of the strongest bullion rallies in decades. At 8.30 am, the price of 24-karat gold rose to Dh626 per gram, up from Dh622.25 on Thursday, while 22-karat climbed to Dh579.50 from Dh576.25 a day earlier. The move keeps local prices hovering near historic highs and reinforces a clear trend that has defined February’s market.  February snapshot shows steady climb This month’s price movement reflects a broad upward trajectory despite intermittent pullbacks. At the start of February, 24-karat gold was trading around Dh589.50 per gram before slipping sharply to Dh564.25 on the second day of the month. From that point onward, prices moved steadily higher, crossing Dh600 by mid-February and continuing to strengthen through the final week. By February 19, 24-karat gold had already reached Dh601.75 before advancing further to Dh615 levels later in the month. Prices then pushed past Dh620 in the final stretch, culminating in the current Dh626 level seen on Friday. The pattern in 22-karat gold closely mirrored this trajectory, rising from around Dh545 at the beginning of the month to nearly Dh580 by the final week. The overall […]