UAE Gold Prices Thursday

Gold prices worldwide rose today, Thursday, after hitting their lowest level in two months during the previous session, amid market anticipation of the Federal Reserve's monetary policy directions regarding interest rates. In the UAE, gold prices remained relatively stable, with the 21-karat (sterling) gold price around 425 dirhams ($115.90) per gram, while the price of an ounce of gold reached 15,114 dirhams ($4,118). There are expectations of further fluctuations due to the strengthening dollar and rising yields on US Treasury bonds.

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