Dubai: Gold prices plunge Dh6 per gram ahead of Eid Al Adha

emirates7 - Gold prices saw a sharp of nearly Dh6 per gram, slipping below the Dh400 mark just before the Eid Al Adha holiday.

As of 9am on Thursday, 24-karat gold was priced at Dh394.0 per gram, down from Dh400.25 on Wednesday evening.

Other gold categories also declined, with 22K, 21K, and 18K opening at Dh365.0, Dh349.75, and Dh300 per gram, respectively.

On the global market, spot gold dropped by 0.93% to $3,267.34 an ounce, following a U.S. court decision that overturned most of the tariffs imposed under former President Donald Trump.