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Dubai gold sells at steep discount as Middle East conflict snarls shipping
Economy
Published on 24 April 2026
Traders are cutting prices by up to $30 an ounce
Gold held in Dubai is being sold at notable discounts as conflict across the Middle East disrupts flights and shipping. With delivery costs and timelines uncertain, buyers are holding back, pushing traders to price bullion up to $30 per ounce below global benchmarks. Some shipments still move, but delays are affecting India’s physical availability even as inventories remain adequate.
- Dubai gold discounts are rising amid shipping and flight disruptions
- Buyers hesitate due to higher costs and delivery uncertainty
- Traders are offering bullion up to $30 per ounce below global rates
- India may face tighter physical availability despite ample inventories
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times