Gold Prices in Dubai Decline Over Dh6 This Week Amid Global Market Trends

Federal Reserve Policies and Stronger US Dollar Continue to Impact Gold’s Appeal Gold prices in Dubai have seen a significant drop this week, reflecting broader declines in global rates. On Friday, the price of 24K gold was Dh314.50 per gram, a notable decrease from Dh315.75 on Thursday morning. This marks a weekly loss of more than Dh6 per gram for the precious metal. Prices for other gold categories also experienced declines, with 22K trading at Dh291.25, 21K at Dh282, and 18K at Dh241.75 per gram. These drops align with the movement in spot gold prices, which were trading at $2,606.65 … Continue reading Gold Prices in Dubai Decline Over Dh6 This Week Amid Global Market Trends