Gold prices in UAE July 3

Gold prices in the UAE experienced a relative increase today across all carats compared to yesterday's prices, amid a global rise of over 1% during today’s trading, marking the first weekly gain in five weeks. The price of a gram of 24-karat gold was approximately 492.8 AED (134.3 USD), 22-karat around 451.7 AED (123.1 USD), 21-karat about 431.2 AED (117.5 USD), and 18-karat approximately 369.6 AED (100.7 USD). Additionally, the price of an ounce of gold rose to around 15,326.5 AED (4,176.2 USD), with expectations of weekly gains reaching up to 2.3%, supported by weaker-than-expected employment data in the United States.

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