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In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389
Goldman Sachs hiked 2025 gold price target to $3,700/oz
Earlier in the session, Bullion scaled an all-time high of $3,219.73, gaining over 5 percent this week
Gold has increased by more than 18 percent in 2025, driven largely by Trump's tariff plans
White House's 104 percent tariffs on China spiked the VIX, causing sharp declines in major indices
Bullion prices slipped by as much as 2.7 percent before paring some losses on Monday
Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war
In the previous session, gold prices declined by more than 2 percent after reaching a record high of $3,167.57
Gold prices have set more than 15 records this year and achieve a nearly 19 percent increase year-to-date
U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months
Bullion gained 1.8 percent so far this week, placing it on track for a fourth straight weekly gain
Gold prices are expected to reach $3,300 per ounce on stronger-than-expected ETF inflows and sustained central bank demand
