Gold rates in the UAE dropped further on Tuesday, October 30, giving enthusiasts an opportunity to score gold at a cheaper price.
Today, based on the latest updates of Dubai Gold & Jewellery Group, 24K gold is now priced at Dh 148.75, cheaper than the Dh149 per gram rate yesterday.
22K gold also decreased in retail price and is now valued at Dh139.75, as well as other types of gold, such as 21K and 18K, which are priced at at Dh133.25 and Dh114.25, respectively.
Yesterday, 22K, 21K, and 18K golds were priced at Dh140, Dh133.50, and Dh114.50, 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.
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