Gold Prices In Dubai
In the gold market of the United Arab Emirates, gold prices recorded a decline. According to Arab News, the purchase of gold biscuits and jewelry increased after the drop in gold prices in the Emirati gold market yesterday.
According to traders at the Dubai Gold Market, the drop in gold prices will continue for the next several weeks. He said that 18 and 21 carat gold jewelery is in high demand while 30 and 50 gram gold biscuits are being bought the most.
Also, the Gold and Jewelery Group in Dubai said that ‘Dubai Summer Surprise’ saw a 25 per cent increase in jewelery purchases.