Among other variants of yellow metal, 22K opened at Dh246.25, 21K at Dh238.25 and 18K at Dh204.25 per gram
Among other variants of yellow metal, 22K opened at Dh246.25, 21K at Dh238.25 and 18K at Dh204.25 per gram
Globally, the spot gold was down 0.10 per cent at $$2,177.27 per ounce
Metal has been supported by safe demand related to several geopolitical risks
The stock created such a frenzy that Nasdaq briefly halted its trading
Globally, spot gold was slightly down at $2,172.11 per gram
'While it could face some pressure over the short term, bullish factors could continue to support gold', an expert says
A big drop in jewellery purchases seen in India as prices remain high
The decline comes due to a stronger greenback in the global markets and dollar buying by importers
The listing is expected to be on the Abu Dhabi Securities Exchange
The Dubai government-backed company was the first to launch an initial public offering (IPO) in the UAE this year, raising Dh1.6 billion