TechFlow news, March 7: According to Caixin Global, the UAE’s airspace closure and disrupted logistics caused by the Middle East conflict have left large quantities of gold stranded in Dubai. Traders have been forced to sell at a discount of $30 per ounce below the London benchmark price, while transportation costs have surged 60%–70% compared to pre-war levels. As a major global hub for gold trade, Dubai’s logistical disruption has tightened physical supply to key buyers such as India, and some refineries’ feedstock supplies have also been affected.
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