The prices of 24K and 22K golds in the UAE retained its rates which is considered to be the lowest one over the past 12 months.
The retail rates of 24K and 22K gold went back to its lowest rate in the past 12 months after rising slightly in the past few days, reported Khaleej Times.
Based on the latest update of Gold Prices Dubai, 24-Karat (24K) gold is currently priced at Dh148.25, while 22K gold is valued at Dh139.25.
However, other types of gold, such as the 21K and 18K, slightly increased and are now priced at Dh133.00 and Dh114.00, respectively.
The prices vary depending on the purity of gold and the market it was traded in.
The Department of Economic Development (DED) displays in public the live retail gold rate at the Gold Souk in order to ensure transparency and maintain the title of Dubai as the ‘City of Gold.’
