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Dubai Emerges as Hub for Cross-Border Gold Trade, Attracting Shoppers from Across the Globe

Dubai has become a hotspot for shoppers seeking to invest in gold and precious metal jewellery, with an increasing trend of buyers selling their purchases in other countries, particularly in…

Gold Prices Dip Slightly in Dubai Market Following Recent Surge

Gold prices in the Dubai market experienced a minor drop, shedding one dirham per gram in early morning trading on Thursday. This adjustment followed a noteworthy gain of over two…

Gold Continues Rally in UAE Markets Amid Middle East Uncertainty

Gold prices in the UAE saw a two-dirham per gram increase at the market opening on Tuesday, driven by investors seeking safe-haven assets amidst escalating tensions in the Middle East.…

Indian rupee falls 16 paise to 83.10 against US dollar in early trade

Dollar index, which gauges the greenback’s strength against a basket of six currencies, fell marginally by 0.01 per cent to 105.58 The rupee depreciated by 16 paise to 83.10 against…

UAE: Central bank hits pause on interest rate hikes

Following the US Federal Reserve Board’s announcement, keep the key interest rates unchanged, the Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the…

Wednesday, Gold prices drop at the opening of the markets.

Dubai: Gold prices fell at the opening of the markets on Wednesday after hitting a week-high on Tuesday. According to Dubai Jewellery Group data, the 24K variant of the yellow…