The price of different types of gold in the UAE dropped by more than Dh1 per gram on Thursday, November 8.
According to Dubai Gold and Jewellery Group, 24K gold is currently priced at Dh148 per gram, Dh1.5 lower than yesterday’s price of Dh149.50 per gram.
The same trend is also seen for 22K, 21K, and 18K gold which are priced at Dh139, Dh132.75, and Dh113.75, respectively.
Yesterday, 22K gold was priced at Dh140.25, 21K at Dh132.75, Dh113.75.
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 on November.
Note: The prices vary depending on the purity of gold and the market it is traded in.
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