Shoppers Are Buying Gold as Rates Get Close to Year’s Lowest

UAE gold prices are nearing this year’s low at Dh205.00 per gram for 22K, prompting a shopping spree among locals and tourists alike. Consumers, showcasing astuteness in navigating price drops, are actively locking in rates and making purchases, while also engaging in advanced bookings for future buys. This surge in gold trading, occurring amidst a bustling tourist season and aligning with festive buying, spotlights gold’s enduring allure as a favorable investment and purchase. With a keen eye on price movements and robust demand, the precious metal retains its lustrous appeal in the market.