UAE Gold Prices Soar Amid Global Market Uncertainty
The UAE gold prices rose on Monday as investors and consumers continued to monitor global market trends.
According to indicative jewellery rates, the price of 24-karat gold reached AED493.00 per gram, while 22-karat gold was priced at AED456.50 per gram.
The prices for other types of gold also increased, with 21-karat gold rising to AED437.75 per gram and 18-karat gold standing at AED375.25 per gram.
Meanwhile, silver prices recorded gains, with the price of an ounce reaching AED217.35 and a gram priced at AED6.99.