Dubai 24-karat gold hits Dh496.75 a gram after Diwali
Dubai: Gold climbed on November 9, erasing Friday’s decline, as oil extended its slide and the AI tech stock rout deepened with Nvidia CEO now being probed. Spot gold rose 1.02 per cent to $4,110 an ounce at 11:00 am in Dubai. Silver gained 1.64 per cent to $52.52. Platinum and palladium also advanced. In the UAE, 24-karat gold sold at Dh496.75 a gram on Monday, just after Diwali. That compares…
Dubai experienced a slight rise in gold prices on November 9, after previously declining on Friday. The precious metal saw a 1.02% increase, reaching $4,110 per ounce at 11:00 am. In the UAE, 24-karat gold sold for Dh496.75 per gram on Monday, just after Diwali, marking a 1.3% rise from the previous rate of Dh490.50. This translates to a Dh6.25 increase, or 5.6% higher than the 24-karat rate of Dh470.25 on November 2.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
