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Gold prices in the Emirates vary on a daily basis, and this comes with reference to daily trading prices, as prices may witness slight changes at times and jump on other days due to several different factors, and therefore many are wondering about the latest update to the price of gold today, Wednesday, corresponding to the date of March 13, 2024, Here is a statement showing gold prices today, Wednesday, in the UAE.
The price of 24 karat gold in the UAE today
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24 karat gold in the UAE is very popular among investors and buyers in general, due to its stability in value in the long term, as it is considered the purest and highest among gold karats, and today the price was recorded at 263,750 UAE dirhams.
The price of 22 carat gold in the UAE today
22 karat gold is a popular choice among buyers, and the price of 22 karat gold was recorded today, Wednesday, in the UAE at 244,250 UAE dirhams.
The price of 21 karat gold in the UAE today
As for the price of 21 carat gold today in the UAE, it was recorded today, Wednesday, March 13, at a price of 236,500 UAE dirhams.
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Today’s price of 18 karat gold in the UAE
The price of one gram of 18 carat gold was recorded today, Wednesday, at 202,750 UAE dirhams.
Factors affecting gold prices in the UAE
A golden opportunity: A significant decrease in gold prices in the Emirates today, and this is the price list for 21, 22 and 24 karat gold
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Gold prices in the UAE are affected by several factors, as these factors play a decisive role in price fluctuations. Here are some of the factors affecting gold prices in the UAE.
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The global movement of gold prices greatly affects local prices, due to the role of the UAE as one of the largest suppliers of gold in the world.
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Change in interest rates, as gold prices are closely linked to interest rates. Whenever interest rates rise, people are more willing to buy gold, which leads to an increase in its prices.
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Inflation, as many investors consider gold a safe investment that helps them hedge against the effects of inflation. Accordingly, the demand for gold increases during periods of inflation, which leads to an automatic rise in its prices.
Is it cheaper to buy gold from the UAE?
Buying gold in Dubai before was cheaper than in any other country, as the United Arab Emirates did not impose a value-added tax on gold at that time, unlike now, where a 5% tax was added.
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A record high…an acceleration in gold prices today in the Emirates, reaching these high prices for the price of one gram
How much gold is allowed to travel from the Emirates?
The government in the UAE imposes a limit of 10 kilograms of gold allowed for travel, knowing that this includes the total limit for any gold pieces, whether they are jewelry, bars, or bullion.
Can Emirati gold be sold in Egypt?
Yes, it can be sold at the same price as local gold.
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A golden opportunity: A significant decrease in gold prices in the Emirates today, and this is the price list for 21, 22 and 24 karat gold
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