Dubai gold rates cool: What UAE shoppers can expect in the days ahead

Dubai gold down Dhi5, 24K below Dh500; Global cost fell by 3%

- BY JUSTIN VARGHESE

Gold prices in Dubai slipped by nearly Dh15 heading into the weekend, with 24-carat falling back below the Dh500 mark after briefly look-

ing set to hold higher. The drop has given shoppers some welcome relief — but the question now is whether the softer prices will stick or if gold will repeat last week’s sharp swings.