Gold in Dubai is trading at a discount to London as flight constraints caused by the Middle East conflict keep more ​bullion in the local market, while demand remains subdued amid uncertainty over the length of the war, analysts and traders said. Flows of physical gold through Dubai — a major global trading hub supplying Switzerland, Hong Kong and India — have been ​disrupted for 10 days as the U.S.–Israeli war on Iran ​triggered widespread passenger flight cancellations across the Middle East. "The market remains ⁠at a discount, but in thin trade the variation is wide, ​ranging from about $10 to $30 per troy ... (full story)