Gold Prices in UAE Decline on August 14 Amid Market Volatility
Gold prices in the United Arab Emirates (UAE) experienced a decline on August 14, according to data compiled by FXStreet. The price of gold per gram stood at 510.58 UAE Dirhams (AED), down from AED 513.66 on Thursday.
The decrease extended to other measurements as well, with the price for gold decreasing to AED 5,955.32 per tola from AED 5,991.25 a day earlier.
FXStreet calculates gold prices in UAE by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on market rates taken at the time of publication.