iPhone | iPad
Android
Huawei
Forex dealers say the greenback is being sold above Rs189 in the open market
Markets6 days ago
KT APPDOWNLOAD
Russia-Ukraine Crisis: Gold rises above $1,950 an ounce, prices in UAE soar over Dh5 per gram
Globally, spot gold jumped above $1,950 in the afternoon to trade at $1,955.85 at 2pm UAE.
Agencies file
Gold prices jumped more than Dh5 per gram in the UAE on Thursday afternoon after Russia launched military operation against Ukraine.
The Dubai Gold and Jewellery Group data showed 24K price soaring Dh5.5 to Dh235.75 per gram on Thursday afternoon, up from Dh230.25 from its Wednesday’s close. Among the other variants of the precious metals, 22K rose to trading at Dh221.5 per gram, 21K to Dh211.5 and 18K to Dh181.25.
Globally, spot gold jumped above $1,950 in the afternoon to trade at $1,955.85 at 2pm UAE.
ALSO READ:
"Gold is a safe-haven asset along with the US dollar, and this is its day. We could inevitably see new all-time highs in gold," said Jeffrey Halley, a senior market analyst at Oanda.
More news from Markets
Surging oil prices have also weighed heavy on the rupee with a surprise rate hike by the Reserve Bank of India last week doing little to stem capital outflows
Markets1 week ago
The rupee has weakened sharply over the last few months due to a sharp rise in crude oil
Markets1 week ago
Century Financial will now offer services for t
Markets1 week ago
The IPO, expected to raise up to $2.74 billion, is India’s largest ever. Its partial listing is part of plans by Prime Minister Narendra Modi to privatise some industries and boost state coffers
Markets1 week ago
The selling pressure intensified after the RBI Governor Shaktikanta Das announced that the Monetary Policy Committee has unanimously decided to hike the policy rate by 0.40 per cent with immediate effect
Markets1 week ago
Markets remain skittish regarding an expected aggressive Fed monetary policy
Markets2 weeks ago
Investors expect the Fed to hike rates by 50 basis points when it meets on Tuesday, Wednesday
Markets2 weeks ago