Commodities
UAE Gold Prices Climb Amid Global Market Uncertainty
Gold prices in the UAE have risen as investors continue to monitor global market trends and assess economic developments. According to indicative jewellery rates, 24-karat gold reached AED493 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.
Silver prices also recorded gains, with the price of an ounce reaching AED217.35, while a gram was priced at AED6.99. Market participants continue to watch global economic indicators and geopolitical events for signals that could influence precious metal prices in the coming weeks.