Dubai: Gold prices rise above Dh400 per gram, hit new all-time high

emirates7 - Gold prices surged to a new record high in Dubai, surpassing Dh400 per gram, as the global price of the precious metal climbed above $3,340 per ounce.

In Dubai, 24K gold reached Dh402.75 per gram, while 22K, 21K, and 18K gold were priced at Dh372.75, Dh357.5, and Dh306.5 per gram, respectively.

Globally, spot gold was trading at $3,342.22 per ounce, marking a 3.72 percent increase driven by the ongoing tariff dispute and the weakening of the US dollar.