Buy/Sell: Gold rates in UAE cross Dh176.5 for 22K

Photos Business

Buy/Sell: Gold rates in UAE cross Dh176.5 for 22K

On Friday morning, suggested retail rates for 22K gold in UAE touched new highs

Published: January 03, 2020 09:41 Dona Cherian, Senior News Editor

1 of 7

Gold, jewellery, gold ornaments — Gold jumped to the highest in almost four months as tensions in the Middle East flared after a U.S. airstrike, spurring demand for haven assets. Image Credit: Pixabay

2 of 7

Gold Souk — In Dubai, the Gold and Jewellery Group sends out suggested retails rates for the yellow metal based on global prices and markets. On Friday, these prices touched new highs. Image Credit: GN

3 of 7

goldjewellery — 24K gold, the purest kind, which is usually bought for investment is priced at Dh187.50 per gram on Friday morning. Image Credit: File photo

4 of 7

5 of 7

6 of 7

1.1172842-3633593957 — After the final price notification on Saturday morning, the price is fixed for two days - Saturday and Sunday, which would mean that it would be very costly to buy gold for the next couple of days, even if prices on Monday ease based on market conditions. Image Credit: Ahmed Ramzan/Gulf News

7 of 7

190502 gold prices — Get the latest Gold and Currency rates updated throughout the day on www.gulfnews.com/Gold-Forex Image Credit: Gulf News archives

Latest In

Muscat under lockdown for 12 days from Friday

7 minutes ago
Flydubai sees ‘strong global demand’ for cargo

8 minutes ago
COVID-19: Qatar reports 153 new cases

16 minutes ago
Lebanon crisis plan seeks $10b to $15b external funding

19 minutes ago
COVID-19: Egypt extends curfew for 2 weeks

21 minutes ago

✕

This website stores cookies on your computer. These cookies are used to improve your experience and provide more personalized service to you. Both on your website and other media. To find out more about the cookies and data we use, please check out our Privacy Policy.

Photos Business

Trending