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18K now Dh114.75, prices of other types of gold drop

Gold rates in the UAE made a slight dip on Monday, October 29.

Today, based on the latest updates of Dubai Gold & Jewellery Group, 24K gold is now priced at Dh149.25 per gram. 21K gold also decreased in retail price and is now valued at Dh133.75, while other types of gold, such as 22K and 18K, remained stagnant at Dh140.25 and Dh114.75, respectively.

Yesterday, 24K, 22K, 21K, and 18K golds were priced at Dh149.50, Dh140.25, Dh134.00, and Dh114.75, respectively.

Filipinos in the UAE should take advantage of the drop in the retail price as it is expected to increase during the celebration of the Diwali festival, which is expected to take place in the first week of November.

The prices vary depending on the purity of gold and the market it was traded in.

RELATED STORY: How to take advantage of cheaper Dubai gold as investment

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