Tag: Gold Prices
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Gold Prices in UAE Rebound as Optimistic US Job Data Sparks Interest Rate Speculation
According to data from the Dubai Jewellery Group, the benchmark 24K gold was trading at Dh245.25 per gram, marking an increase from Monday’s closing value of Dh244.0 per gram
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Gold Prices Surge in the UAE Amid Global Economic Uncertainty
This rise was attributed to a 0.1% decline in the US dollar index on its second consecutive session, making bullion more appealing to buyers holding currencies other than the US dollar
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UAE witnesses major decline in gold prices
Shoppers interested in buying Gold and Jewellery in the United Arab Emirates (UAE) got a big price break as international bullion prices dropped to $1,863-$1,865 an ounce levels – and the Dubai Gold price at Dh211.50 a gram for 22K.
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Gold prices drop in Dubai by 0.83%
Gold prices in Dubai dropped on Monday, 25 April, to their lowest in more than two weeks, as stakes for an increasingly hawkish and aggressive US Federal Reserve approach to tighten the monetary policy raised the dollar and pressured the market for bullion.