UAE gold prices plunge nearly Dh3 per gram

UAEUAE gold prices plunge nearly Dh3 per gram

In the United Arab Emirates (UAE), the gold prices plunged nearly three dirhams per gram on Thursday morning after the US Federal Reserve paused rates hikes.

As per the data released by the Dubai Gold & Jewellery Group, the 24-Karat gold was trading at Dh234.25 at the opening of the markets as compared to last night’s close of Dh237.0 per gram, down Dh2.75 per gram.

Similarly, 22K, 21K and 18K also opened lower at Dh216.75, Dh209.75 and Dh180.0 per gram respectively.

The drop in prices will boost demand for the precious metal and its jewellery in the UAE.

Gold and Currency Rate in UAE Today on 11 May 2023

UAE Gold Rate (AED) on June 15, 2023

Type
Morning
Yesterday
Ounce7,097.787,163.84
24K234.25236.25
22K216.75218.75
21K209.75211.75
18K180.00181.50

Source: Dubai Gold & Jewellery Group

UAE Gold Rate (AED) in Past 10 Days

Date
Ounce
24K
22K
21K
18K
June 157,097.78246.00216.75209.75180.00
June 147,182.19237.00219.50212.25182.00
June 137,182.19237.00219.50212.25182.00
June 127,167.51236.50219.00212.00181.75
June 117,200.54237.50220.00213.00182.50
June 107,200.54237.50220.00213.00182.50
June 097,204.21237.75220.00213.00182.50
June 087,226.23238.50220.75213.75183.25
June 077,145.49235.75218.25211.25181.00
June 067,185.86237.00219.50212.50182.00
Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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