By: Enas Bahgat
Abu Dhabi – Mubasher: Gold prices in the UAE decreased in the first trading day of October, impacted mainly by global prices.
The gold sovereign reached AED 981,750, while gold per kilo was AED 140,246. The price per gold ounce registered AED 4,362 on Monday.
Globally, the precious metal’s prices fell in September, marking their sixth straight monthly decline and the longest wave of monthly losses in over two decades.
By 11:28 am GMT, gold futures, for December delivery, fell 0.38% to $1,191.60 per ounce, while spot gold lost 0.23% to $1,188.18 per ounce.
