Gold prices in Dubai plunge Dh10 per gram

Dubai Web Desk

DUBAI, UAE: The gold prices fell further at the opening of the markets in the United Arab Emirates (UAE) on Tuesday, losing more than Dh10 per gram in the past 24 hours.

The data released by the Dubai Jewellery Group showed a 24K variant of the yellow metal losing Dh4 per gram on Monday morning to trade at Dh279.25 per gram on Tuesday as compared to Dh283.25 per gram at the close of the market on Monday.

The variant lost Dh6.25 per gram on Monday alone, taking the total drop to Dh10.25 per gram since Monday morning.

Among the other variants of the yellow metal, the 22K opened at Dh258.5, 21K at Dh250.25 and 18K at Dh214.5 per gram.

Gold prices in Dubai plunge Dh10 per gram