{"id":1667201,"date":"2026-03-02T21:40:00","date_gmt":"2026-03-03T02:40:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1667201"},"modified":"2026-03-02T21:40:00","modified_gmt":"2026-03-03T02:40:00","slug":"severely-curbed-gold-shipments-through-dubai-stalled-in-wake-of-strikes-on-iran","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/severely-curbed-gold-shipments-through-dubai-stalled-in-wake-of-strikes-on-iran\/1667201\/","title":{"rendered":"&#8220;Severely Curbed&#8221;: Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">&#8220;Severely Curbed&#8221;: Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong>Gold shipments through Dubai are set to stall for several days <\/strong>after airlines suspended flights amid U.S. and Israeli strikes on Iran and Tehran\u2019s response, according to three industry sources and\u00a0<a href=\"https:\/\/www.reuters.com\/world\/china\/dubai-gold-flows-curbed-flights-halted-due-us-israeli-strikes-iran-2026-03-01\/?taid=69a494e66a41fe0001bdc64c&amp;utm_campaign=trueAnthem:+Trending+Content&amp;utm_medium=trueAnthem&amp;utm_source=twitter\">Reuters<\/a>.<\/p>\n<p>Because gold is typically transported by air for security and insurance reasons, the cancellations are expected to sharply limit physical flows.<\/p>\n<p>Reuters <a href=\"https:\/\/www.reuters.com\/world\/china\/dubai-gold-flows-curbed-flights-halted-due-us-israeli-strikes-iran-2026-03-01\/?taid=69a494e66a41fe0001bdc64c&amp;utm_campaign=trueAnthem:+Trending+Content&amp;utm_medium=trueAnthem&amp;utm_source=twitter\">writes<\/a> that\u00a0Dubai is a key supplier to Switzerland, Hong Kong and India. Sources said the broader impact on global supply will depend on how long the disruption lasts. They spoke on condition of anonymity.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Screenshot%202026-03-02%20at%2008.47.39.jpg?itok=hazzL-Jj\"><\/a><\/p>\n<p>Gold futures jumped 3% on Monday morning prior to the cash open in New York.\u00a0The record high stands at $5,594.82, set on January 29.<\/p>\n<p>Despite the shipping disruption, traders said major financial hubs \u2014 including China, India, New York, London and Zurich \u2014 remain operational, and market activity on Monday is expected to be driven mainly by financial flows rather than physical supply.<\/p>\n<p>Elsewhere in the world of precious metals, on COMEX, <a href=\"https:\/\/quoththeraven.substack.com\/p\/a-perfect-storm-for-silver-comex\">gold delivery volume<\/a> for February matched what was seen in December.<\/p>\n<p>Despite being below the big months over the last year (Feb\/Apr\/Oct 2025), the delivery volume was still very strong on an overall historical basis. Inventory heading into March <a href=\"https:\/\/quoththeraven.substack.com\/p\/a-perfect-storm-for-silver-comex\">looked sufficient<\/a>, but it&#8217;ll be interesting to see how that landscape has shifted now in the wake of the new geopolitical turmoil.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Mon, 03\/02\/2026 &#8211; 16:40<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/markets\/severely-curbed-gold-shipments-through-dubai-stalled-wake-strikes-iran\" target=\"_blank\" class=\"\">https:\/\/www.zerohedge.com\/markets\/severely-curbed-gold-shipments-through-dubai-stalled-wake-strikes-iran<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Severely Curbed&#8221;: Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran Gold shipments through Dubai are set to stall for several days after&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1667202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1667201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1667201"}],"version-history":[{"count":1,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667201\/revisions"}],"predecessor-version":[{"id":1667211,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1667201\/revisions\/1667211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1667202"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1667201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1667201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1667201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}