UAE: Gold prices slip in early trade

emirates7 - Gold prices in the UAE dipped at the start of the trading week but remained above Dh300 per gram. According to data from the Dubai Jewellery Group, the 24K gold variant was priced at Dh304.0 per gram at 9 am UAE time, slightly lower than the Dh304.25 per gram recorded at the weekend's close.

Other gold variants were also trading lower, with 22K at Dh281.25 per gram, 21K at Dh272.5 per gram, and 18K at Dh233.5 per gram.

On the global market, spot gold was trading at $2,510.32 per ounce, reflecting a 0.22 percent decline as of 9:10 am UAE time.