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Is it the best time to buy gold in UAE?

Since Monday, March 5, 2018, retail gold rate in the United Arab Emirates (UAE) have slightly rose compared last week.

Based on the latest update of Gold Prices Dubai, the 24-Karat (24K), 22K, 21K, and 18K are priced at Dh160.75, Dh151, Dh144 and Dh123.50, per gram respectively.

The prices vary depending on the purity of gold itself and the market where it was being 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.’

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