The price of 24 carat gold rises a quarter of a dirham and 22 carat settles in the UAE


The Economist – UAE:

The price of 24 carat gold in the local market of the United Arab Emirates rose a quarter of a dirham compared to yesterday, while the price of 22 carat settled at the same level yesterday at 203 dirhams.

The price of a gram of 24 carat gold was 216.25 dirhams, compared to 216 dirhams yesterday.

Note that the price of gold in the UAE may change throughout the day more than once.

The volume of gold sales in the UAE market during the first quarter of this year was 11.3 tons, with a total value of about 2.29 billion dirhams, according to data from the World Gold Council.

According to the data of the Council, the demand for investment in gold due to the outbreak of the Corona virus “Covid 19” has increased as a safe haven.


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