Gold Prices in Dubai Hit Record Highs

Illustration for: Dubai Gold Prices Hit New Highs

Gold prices continue to set new record highs in Dubai as the 22K variant of the precious metal jumped nearly Dh3 per gram to Dh408 at the opening of markets on Tuesday.

The yellow metal has been consistently rising over the past few days, touching a new all-time high.

The Dubai Jewellery Group data showed 24K jumping Dh3 per gram to Dh440.5 per gram while 22K rose Dh2.75 per gram to Dh408.0.

Interestingly, 21K is also now inching closer to Dh400 as its price rose to Dh391.0 per gram on Tuesday morning. The 18K variant of the yellow metal opened at Dh335.