Gold Prices Drop in Dubai

Gold Prices Drop in Dubai

  • News
  • Gold prices in Dubai have fallen by 8 AED per gram

Gold prices in Dubai have fallen by 8 AED per gram 

According to data from the Dubai Jewellery Group, prices for the precious metal continue to decline.

Particularly, the price of 24-karat gold stands at 315.50 AED per gram. Over the past week, gold price has already dropped by 8 AED.

This downward trend is also seen across other gold grades:

  • 22-karat gold is now priced at 292.25 AED per gram
  • 21-karat gold trades at 283 AED per gram
  • 18-karat gold has decreased to 242.50 AED per gram

On the global market, gold is trading at $2,605.56 per ounce, reflecting a 0.21% decrease.

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