Dubai gold prices have jumped above the Dh500-per-gram mark for the first time in weeks, driven by easing geopolitical tensions, expectations of fewer US Federal Reserve rate hikes, and strong demand from Chinese gold-backed ETFs. While the sharp rise may encourage some investors to book profits, others may choose to hold their gold if they expect prices to remain supported by global economic uncertainty and continued investment demand. The best decision ultimately depends on an individual's financial goals, investment horizon, and market outlook.
What are your views? Would you sell your gold after this sharp price rise, or hold on in anticipation of further gains?
