Change in the Dubai gold rate. Gold price (dubai gold rate) is trading at 7189.53 per ounce. The price of 24K gram gold started at 237.25 dirhams while 22K, 21K and 18K traded at 222.75, dirhams 212.50 and 182.25 respectively.
US and European sanctions against Russia (Russia-Ukraine conflict) for sending troops to eastern Ukraine have also contributed to the change in gold prices. In addition, the gold trade in the UAE is increasing due to the influx of visitors to the Dubai expo 2020.
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