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Commodities

UAE Gold Prices Dip as Global Markets Slow Down

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Gold and silver prices in the UAE have dipped slightly after recent gains. The price of 24K gold fell to AED 557.50, down from AED 559.50 on Monday. This decrease is attributed to a slower pace of increases in global markets.

The price of 22-carat gold also declined by AED 1.75 to AED 516.25, while 21-carat gold fell by about AED 1.75 to AED 495. The price of 18-carat gold dropped by AED 1.50 to AED 424.25.

The silver price remained steady at AED 8.07 per gram, with an ounce valued at approximately AED 250.93.

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