Gold rates in UAE June 24

Gold prices in the UAE experienced a slight decline today across all denominations compared to yesterday. Globally, prices fell due to the strengthening dollar and expectations of an interest rate hike in the United States. The price of a gram of 24-karat gold reached approximately $130.9, while 22-karat gold was around $120.0, and 21-karat gold about $114.6. The price of an ounce of gold was approximately $4,071.9, and a one-kilogram gold bar traded at roughly $131,833. Gold markets worldwide saw a 0.5% decrease, reaching its lowest level since June, amid expectations of up to three possible rate increases by the Federal Reserve.

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