Last week, the prices of gold dropped to its biggest weekly decline since November 2018. Now, the price of different types of gold in the UAE retained its low price on Monday, March 4, giving buyers an opportunity to score gold at a cheaper rate.
According to Dubai Gold and Jewellery Group, the prices of different gold types in the country dropped compared to previous weeks.
Today, the prices of 24K, 22K, 21K, and 18K gold are at Dh157.00, Dh147.50, Dh140.75, and Dh120.75, respectively.
The prices vary depending on the purity of gold and the market it is traded in.
Filipinos in the UAE can take advantage of this drop in the prices of gold for investment purposes.
