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Is this the best time to buy UAE gold?

The prices of different types of gold in the UAE have slightly increased by less than Dh1 per gram on Tuesday, December 4.

According to Dubai Gold and Jewellery Group, 24K gold is currently priced at Dh149.75 per gram, which is Dh0.25 higher than yesterday’s price of Dh149.50 per gram.

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The same trend is also seen for 22K, 21K, and 18K gold which are priced at Dh140.75, Dh134.25, and Dh115.00, respectively.

Yesterday, 22K gold was priced at Dh140.50, 21K at Dh134.00, and 18K at Dh114.75.

The prices vary depending on the purity of gold and the market it is traded in. Gold is known to appreciate in value and is one of the smart ways to invest for the future.

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

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