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UAE Gold Prices Rise Slightly This Week

UAE Gold Prices Rise Slightly This Week

UAE Gold Prices Rise Slightly This Week

UAE: The price of gold in the United Arab Emirates (UAE) has seen a modest increase compared to last week. As of today, Thursday, June 6th, 2024, here’s a breakdown of the current prices alongside last week’s closing prices:

CaratToday’s Price (AED per gram)Last Week’s Price (AED per gram)Change
24K283.75282.50+1.25
22K262.75261.50+1.25
21K253.25252.25+1.00
18K218.00217.00+1.00

As you can see, in UAE gold prices have experienced a small increase of AED 1.00 to AED 1.25 per gram compared to their closing prices on June 1st, 2024.

Looking for a specific type of gold?

The table above highlights the price changes for the most popular carats. However, if you’re interested in a different type of gold, it’s recommended to check with local UAE jewelers or reliable online resources for the most up-to-date UAE Gold Prices.

Market factors affecting gold prices

Gold prices are influenced by various global economic factors, including:

  • Global interest rates
  • Fluctuations in the US dollar
  • Geopolitical tensions
  • Supply and demand

Stay informed about future price trends

While predicting future gold prices is difficult, keeping an eye on these factors can help you make informed decisions when buying or selling gold.

Also Read: Gold Price Update: Slight Dip Compared to Last Thursday

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