Gold Prices in UAE Increase to Nearly AED3

  • Publish date: Monday، 28 February 2022
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Gold prices rose on Monday morning recording the best gain in nine months after due to sanctions on Russia for attacking Ukraine. Spot gold rose 1.17%  to $1,911.22 per ounce at 9.10 am UAE time.

Gold prices increased to three dirhams per gram at the opening of the market on Thursday in the UAE

Gold variants such as 22K was trading at Dh217.5, 21K at Dh207.5 and 18K at Dh177.75 per gram.

The US, EU, UK and Canada have banned a number of Russian lenders from the international payments system SWIFT and are also placing restrictions on the country’s central bank.