Gold prices in Dubai continued their downward trend on April 21, 2026, as global investors prioritized the strengthening U.S. dollar over ongoing geopolitical risks.

Gold has historically been one of the most important safe haven assets during geopolitical crises.

Gold prices grew by about 30% in 2024, and the upward trend will continue in 2025, as gold will continue to be viewed by investors as a "safe haven" during periods of economic and political instability, News.az reports citing Gazeta.Ru.