Breaking News
Gold
Dubai: Gold prices hit new all-time high, continue to set records
The price of 22K gold reached a new record high of Dh321.5 per gram in Dubai on Thursday morning. The Dubai market opening on Thursday saw 24K prices increase by Dh1 per gram to Dh345.75 while 22K prices went up by Dh0.75 to reach Dh321.5 per
Read More
UAE sees drop in gold jewellery demand due to high prices
The fourth quarter of 2024 saw gold jewellery demand in the UAE decrease by 14 per cent because gold prices remained high and India reduced its gold import duty from 15 per cent to 6 per cent. According to the World Gold Council data
Read More
Dubai gold prices jump to a new all-time high
Gold prices surged almost Dh3 per gram to reach unprecedented levels during the market opening in Dubai on Wednesday. At 9am UAE time the price of 24K gold bullion reached Dh344 per gram after a Dh1.50 increase while 22K started trading
Read More
Is it better to sell your gold jewellery or borrow by pledging it?
Dubai: If you are in a desperate need of cash, then gold jewellery is a financial lifeline. But sell your gold or sell your gold as collateral on a
Read More
Dubai: Gold prices rise in early trade; 22K stays below Dh300 per gram
Prices of gold in Dubai rose half a dirham per gram on the opening of the markets Tuesday as 22K held below Dh300 per gram Monday. 24K and
Read More
Dubai: Gold prices dip in early trade but remain on higher side
Gold slipped as the markets opened in Dubai on Thursday, but remains uptrend. The 24K settled at Dh322 per gram at 9am, UAE time, from
Read MoreHow UAE growing role in gold production and refining is boosting jobs, economy
Dubai is becoming a world-class gold melting and refining center and there are already plans to expand the UAE’s infrastructure of gold and silver refineries. It is a move to solidify the country’s economic framework and place it higher
Read MoreNew Golden Visa scheme announced for superyacht owners in Abu Dhabi
New initiative announced in Abu Dhabi to provide superyacht owners in the Capital a Golden Visa. The ‘Golden Quay’ is supposed to attract the wealthiest individuals to put their money and see Abu Dhabi. It is organised by
Read MoreDubai: Gold prices dip in early trade
Gold ended lower at the open of the markets today on the first day of trading. The 24K version was at Dh318 per gram as of 9am UAE time from Dh318.25 per gram at the close of the markets over the weekend. Whereas 22K stood firm at
Read MoreUAE: Gold prices drop further, losing Dh5 per gram so far this week
On Thursday, gold tumbled to a new near month-low level in Dubai as yellow metal dropped more than two per cent as the US Federal Reserve said it is easing pace of rate cuts for 2025 below $2,600 an ounce. The 24K version of the metal
Read More