Gold Price in Dubai: Gold and silver prices increased in Dubai after India, know today’s rate

Gold Price in Dubai: Gold prices registered a rise on Thursday in the United Arab Emirates (UAE) including Dubai. During today’s trade, the price of 24 carat gold rose by 2.25 AED i.e. about Rs 50 to AED 212.75 i.e. Rs 4,733 per gram as compared to November 23. Similarly, the price of 22 carat gold rose by AED 2 and its price reached AED 199.75 i.e. Rs 4,444.32 per gram. In terms of ounce too, gold was trading with a speed of 66.06 AED i.e. Rs 1,469. The price of the yellow metal per ounce in UAE was AED 6,448.19 i.e. Rs 143,477.

rise in silver

Data from Dubai Gold and Jewelery Group showed that silver was also trading at 2548 AED i.e. Rs 56,689. The currency of the United Arab Emirates is the Emirati Dirham, written as AED. The current price of one Emirati Dirham (AED) is Rs 22.27. In Dubai, the 21-carat was also seen trading at AED 190.75 and the 18-carat at AED 163.50.

Gold may rise in the international market

Gold prices are going to continue to fluctuate in the international market. The US Federal Reserve may once again increase its interest rates to control inflation. If reports are to be believed, the Federal Reserve may hike interest rates by 0.50 per cent. This is going to have a direct impact on the price of gold.

gold is cheaper in dubai than in india

Dubai (DUBAI) in the United Arab Emirates (UAE) is also famous among Indians as a major center for buying gold apart from shopping. Gold is very cheap in Dubai as compared to India. For example, the current price of 24 carat gold in Dubai is Rs 4,444 per gram. Whereas, gold of the same quantity is available in Delhi for Rs.5,700. Gold is cheaper in Dubai than in India.

Buying gold in Dubai is tax free

Buying gold in UAE is tax free. The quality of Dubai’s gold is also considered better than that of India. The gold market in Dubai is properly regulated in India’s Dubai. Also, the gold market in Dubai is organized and regulated. Gold jewelery designs are also quite fashionable in Dubai.

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