Developments happening globally and the concerns arising from there are having an impact on the sales of gold in the region. Gold prices are seeing a new all time high despite the trade tariff deals worldwide. Sellers point out at the environment looming large which is not helping them from the pricing point of view. They are expecting new deals, new pacts to stabilize the matter in the larger interest of regional shoppers. The trade tariffs on exports are the main threat, especially on countries like Japan and South Korea, august month onward and if the deals do not happen then gold prices will soar all the more. Remember, Gold prices in UAE are defines by strength of Dollar on a given day.