24-karat gold rises to AED493 per gram, while silver nears AED217 per ounce amid ongoing market uncertainty
The price of 24-karat gold reached AED493.00 per gram, while 22-karat gold was priced at AED456.50 per gram. The price of 21-karat gold rose to AED437.75 per gram, while 18-karat gold stood at AED375.25 per gram. Meanwhile, 14-karat gold was trading at AED292.75 per gram.
Dubai: Gold prices in the UAE rose on Monday, according to indicative jewellery rates, as investors and consumers continued to monitor movements in global bullion markets and assess economic and geopolitical developments influencing prices.
The price of 24-karat gold reached AED493.00 per gram, while 22-karat gold was priced at AED456.50 per gram. The price of 21-karat gold rose to AED437.75 per gram, while 18-karat gold stood at AED375.25 per gram. Meanwhile, 14-karat gold was trading at AED292.75 per gram.
UAE gold prices
Silver prices also recorded gains, with the price of an ounce reaching AED217.35, while a gram was priced at AED6.99. The price of one kilogram of silver stood at AED6,987.64.
UAE silver prices
Market participants continue to watch global economic indicators, monetary policy developments and geopolitical events for signals that could influence the direction of precious metal prices in the coming weeks.
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