Sharaf Group signs strategic deal with India’s Tanishq

    India’s Tanishq has signed an MoU with Sharaf Group UAE to extend its highly focused value offering in gold and diamond jewellery and utilise Sharaf Group’s retail expertise to drive its already robust growth story in the GCC. The two entities will kickstart this collaboration with the opening of a Tanishq showroom in […]

UAE: Gold prices fall from two-week high

  In the UAE, the 24K gold price fell to Dh225.5 per gram on Wednesday morning as compared to Dh226.25 per gram at the close of the market on Tuesday. Among the other variants of the precious metal, 22K opened at Dh211.75 per gram, 21K at Dh202.25 and 18K at Dh173.25. Naeem Aslam, chief market […]

UAE: Gold prices rise as US dollar weakens

  In the UAE, 24K gold price rose Dh0.75 per gram at the opening of the market on Monday to trade at Dh224.5 per gram as compared to last week’s close of Dh223.75. Among the other variants of the yellow metal, 22K opened at Dh211.0 per gram, 21K at Dh201.25 and 18K at Dh172.5. “The […]

UAE: Gold prices slip as dollar recovers; 24K opens at $59.69 per gram in Dubai

Gold prices fell on Wednesday morning as the dollar recovered slightly, piling pressure on greenback-priced bullion along with firm Treasury yields and an aggressive inflation stance by the US Federal Reserve chief. Spot gold dropped 0.25% to $1,810.19 per ounce at 9.15am UAE time. In the UAE, precious metal prices fell in line with global […]