Dubai Jewellery Group rates show gold trading below recent highs, while silver remains under pressure amid softer global precious metals markets
Dubai: Gold prices in the UAE declined on Wednesday, with 24-karat gold trading at AED525.00 per gram, according to the latest suggested retail rates published by the Dubai Jewellery Group.
The price of 22-karat gold stood at AED486.25 per gram, while 21-karat gold was priced at AED466.25 per gram and 18-karat gold at AED399.50 per gram.
Current UAE gold prices are:
- 24K Gold: AED525.00 per gram.
- 22K Gold: AED486.25 per gram.
- 21K Gold: AED466.25 per gram.
- 18K Gold: AED399.50 per gram.
The latest rates indicate that gold remains at elevated levels despite recent fluctuations in international precious metals markets.
The Dubai Jewellery Group publishes suggested retail gold jewellery prices that are widely used as a benchmark by jewellers and consumers across the UAE.
Final jewellery prices may vary between retailers depending on making charges, design, brand premiums and other fees, while gold prices continue to fluctuate throughout the day in line with movements in global markets.
Source: Emirates 24|7