At 9am UAE time, 24-karat fell to Dh325.25 per gram while 22-karat dropped to Dh301.0 per gram. Among the other variants, 21-karat and 18-karat fell to Dh291.5 and Dh249.75 per gram, respectively.
Gold is one of the world’s most valued precious metals. It belongs to the commodities market, and Gold rates in Dubai can be affected by the basic theory of supply and demand against the US dollars.