The center of gold trade in Dubai acts as a supplier to Switzerland, Hong Kong, and India, the largest buyers of this precious metal. Due to security and insurance concerns regarding gold's high value relative to its weight, it is typically transported by air. However, sources reported that most airlines have canceled their flights, leading to a cessation of gold transportation in the coming days. The duration of this halt will ultimately affect global supply chains.

On Friday, gold prices surged by 1.7%, reaching $5,277 per troy ounce, a peak not seen since January 30. Analysts predict that investment in gold will increase today as a result of these developments. The dynamic of gold trading is expected to be influenced by financial flows in the Shanghai, London, and New York markets, as traders react to the ongoing geopolitical situation and its impact on supply routes.

The implications of these military actions by the USA and Israel extend beyond immediate gold trade disruptions, potentially affecting prices and availability in major markets. As tensions escalate and transport issues arise, stakeholders in the gold industry will need to navigate these challenges carefully, considering both geopolitical factors and market responses in order to adapt to this evolving situation.