Gold prices in the UAE rose today to highest price during the month of October
According to daily trading prices, gold prices in the Emirates vary from day to day, and gold prices in the Emirates sometimes witness a slight increase or decrease, but today gold prices have increased significantly, rising by about $22 in spot transactions.
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The UAE announced today that gold prices reached their highest levels since early October, with spot transactions achieving gains of approximately $22, and the price of gold rose by 1.85%, or $21, to reach 7,082.62 dirhams per ounce by 9:14 AM UAE time today. .
The price of gold for December 2023 delivery rose by $19.85, or 1.08%, to reach 7,097.13 dirhams per ounce.
24-carat gold recorded 228.18 dirhams.
21-carat gold recorded 199.66 dirhams.
18-carat gold recorded 171.13 dirhams.
14-karat gold recorded 133.1 dirhams.
Today's gold price record in the United Arab Emirates against the dollar:
24-karat gold recorded $62.12.
The price of 21-carat gold was $54.36.
The price of 18-karat gold was $46.59.
14-karat gold recorded $36.24.
In this context, gold purity is often expressed in carats, and gold prices in the UAE and other countries are proportional to the carat weight. Note that 24-karat gold, often known as pure gold, is the purest form of gold and can be purchased in various forms (coins, bars, etc.). However, gold chains, bracelets and rings are usually made of 22-karat gold, while 18-karat gold is used in the manufacture of rings studded with diamonds and other precious stones, which has a significant impact on gold prices in the UAE.
The price of gold manufacturing in the UAE market:
The price of gold is determined on a global scale and is not subject to manipulation, but the cost of craftsmanship and shaping of the metal is taken into account in the final cost. The manufacturing price in the markets ranges from 15 to 45 dirhams per gram, and this depends on a number of factors such as the quality of the gold used, the reputation of the manufacturer, the accuracy of the work, and the degree of bargaining. . Between the buyer and the trader per ounce by 9:14 AM UAE time today.
The price of gold for December 2023 delivery rose by $19.85, or 1.08%, to reach $1,865.05 per ounce.
24-carat gold recorded 227.71 dirhams.
21-carat gold recorded 199.25 dirhams.
18-carat gold recorded 170.78 dirhams.
14-karat gold recorded 132.83 dirhams.
Today's gold price record in the United Arab Emirates against the dollar:
24-karat gold recorded $61.99.
The price of 21-carat gold was $54.25.
The price of 18-karat gold was $46.5.
14-karat gold recorded $36.16.
