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UAE: Gold prices have risen for more than 3 months
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Officials of outlets selling gold and jewelry trade said that the recent price increases recorded by gold, which is the highest weekly in more than three months

At the end of last week, gold prices recorded increases of between 6.5 and 8.75 dirhams per gram of various carats, compared to their prices at the end of the previous week, according to the price indicators announced in the Dubai and Sharjah markets.

Officials of outlets selling gold and jewelry trade said that the recent price increases recorded by gold, which is the highest weekly in more than three months, limited the demand for sales of goldsmiths in the markets, noting that the largest proportions of sales were concentrated in souvenir gifts before. Tourists, especially pieces of small weight.

The price of a gram of 24-carat gold amounted to 226 dirhams, an increase of 8.75 dirhams, compared to its prices at the end of the previous week, while the price of a gram of 22-carat gold recorded 212.25 dirhams, an increase of eight dirhams.

In turn, the price of a gram of 21-carat gold reached 202.5 dirhams, an increase of 7.75 dirhams, and the price of a gram of 18-carat gold reached 173.5 dirhams, an increase of 6.5 dirhams.

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