Some tickets were relisted on resale sites for as much as Dh38,581
Gold prices edged up as the US dollar eased slightly on Thursday morning.
Spot gold rose 0.16 per cent to $1,792.41 per ounce by 9.30 am UAE time.
In the UAE, 24K rose Dh0.75 per gram from Wednesday’s close to Dh217.0 on Thursday morning. While 22K, 21K and 18K opened at Dh204.0, Dh194.5 and Dh166.75 per gram, respectively.
The dollar index edged 0.1 per cent lower off its highest in 16 months hit on Wednesday, reducing the metal's cost to buyers holding other currencies.
Comments from US Federal Reserve policymakers suggest that the central bank could accelerate stimulus tapering weighed on the yellow metal and kept it well below the key $1,800 mark.
Naeem Aslam, chief market analyst at AVA Trade, said to counter record high inflation, investors expect that the US Federal Reserve will likely move to a more contractionary monetary policy, meaning a likely surge in interest rates is not too far away.
“A rise in interest rates increases the opportunity cost of holding the precious metal and makes holding gold less appealing to investors. However, investors should keep in mind that despite a hawkish Fed, inflation is still rising and the coronavirus continuing to spread, meaning gold prices could jump moving forward,” he said.
waheedabbas@khaleejtimes.com
Some tickets were relisted on resale sites for as much as Dh38,581
Here's a list of the places you can go; entry is free to most of them
Some of the survivors were still recovering at hospitals while others were already in their homes
The vaccines will be flown to Democratic Republic of the Congo, Nigeria, South Africa, Ivory Coast and Cameroon
‘My current position is, to be honest, beyond all my pre-tournament expectations,’ said the tournament host
The confirmed case involved a 51-year-old man, who is currently in stable condition and undergoing treatment
Regarding the possibility of elections in the violence-hit country, the foreign affaires adviser said there would be more clarity on the timeline by September
The Zurich-based body said it has now moved the assessment to October