UAE: Gold and Silver Experience Slight Decline Amid Ongoing Stability

On Friday, gold and silver prices experienced a slight decline amid limited movements in global markets, influenced by fluctuations in the dollar’s value and changes in the demand for precious metals.

This decrease falls within a narrow range, indicating a continuing state of relative stability without significant price volatility, which provides investors with a clearer perspective when making buying or hedging decisions.

Gold:

24K: 578.75 dirhams

22K: 536.00 dirhams

21K: 514.00 dirhams

18K: 440.50 dirhams

Silver:

Price per ounce: 290.17 dirhams

Price per gram: 9.33 dirhams

Price per kilogram: 9329.18 dirhams

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