Gold prices rise in the UAE on Friday, with 21-karat gold reaching AED 343.96.
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Abu Dhabi – Mubasher: Gold prices rose in the UAE on Friday amid anticipation of the Federal Reserve's interest rate decision.
During today's trading, the price of 24-karat gold rose to 393.09 dirhams per gram, equivalent to $107.06, compared to yesterday's closing price of 386.53 dirhams per gram .
The price of 22-karat gold increased to 360.34 dirhams per gram, equivalent to $98.10, from 354.32 dirhams per gram .
21-karat gold recorded about 343.96 dirhams per gram, equivalent to $93.69, up from 338.21 dirhams per gram .
The price of 18-karat gold rose to 294.82 dirhams per gram, equivalent to $80.28, from 289.90 dirhams per gram .
The price of an ounce of gold reached approximately 12,101 dirhams, equivalent to $3,294, while the price of a gold pound reached 2,723 dirhams, equivalent to $741.45, and the price of a kilogram of gold reached 389,178 dirhams, equivalent to $105,954 .
