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Dubai gold price drops; 18K now at Dh119.25

The price of different types of golds in the UAE dropped on Tuesday, January 8, giving shoppers an opportunity to score gold at a cheaper price.

Today, 24K gold is priced at Dh155.25, lower than yesterday’s price of Dh156.50.

Prices of other gold types such as 22K, 21K, and 18K also dropped. 22K, 21K, and 18K gold are priced at Dh146, Dh139.25, and Dh119.25 respectively compared to yesterday’s price of Dh147 for 22K, Dh140.25 for 21K, and Dh120.25 for 18K.

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

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

Staff Report

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