The post Gold price in United Arab Emirates: Rates on March 27 appeared on BitcoinEthereumNews.com.

Gold prices rose in United Arab Emirates on Thursday, according to data compiled by FXStreet. The price for Gold stood at 358.15 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 356.59 it cost on Wednesday. The price for Gold increased to AED 4,177.25 per tola from AED 4,159.22 per tola a day earlier. Unit measure Gold Price in AED 1 Gram 358.15 10 Grams 3,581.24 Tola 4,177.25 Troy Ounce 11,139.67   Daily digest market movers: Gold price trades firm near $3,000, unfazed by Trump’s comments The US 10-year T-note yield is almost flat, up one basis point at 4.338%. US real yields edges down one bp to 1.973%, according to US 10-year Treasury Inflation-Protected Securities (TIPS) yields. US Durable Goods Orders posted a solid performance in February, rising 0.9% MoM, defying expectations of a 1% decline. Core Durable Goods Orders, which exclude transportation, also impressed — climbing 0.7% MoM, up from 0.1% in January and well above the 0.2% forecast, signaling resilient business investment. On Monday, Atlanta Fed President Raphael Bostic stated that he supports only one rate cut this year and doesn’t expect inflation to return to target until around 2027. FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is…

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Filed under: News - @ March 27, 2025 5:22 am