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Revealed: Best time to buy UAE gold this week

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Gold jewellery fans in UAE could score some bargains if they head to the shops today, with retail rates having just fallen on the first trading day of the week.

The price for 24-karat gold stood at Dh145 per gram as of 10am, down by nearly Dh1 dirham from Sunday, while 22K, 21K and 18K also dropped by the same margin.

Today’s prices are also still below their peak, and those who are buying a 30-gram 24K gold jewellery piece in Dubai could spend about Dh500 less than they would have last April 3, when the rates stood at more than Dh160 per gram.

Courtesy: Retail Jeweller India News Service

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