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Latest gold and forex rates in UAE: Gold set for worst month in 2 years

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Gold rates for December 01, 2015

 

Daily

 

9:30am

 

2:00pm

 

5:00pm

 

8:00pm

TT Bar

14740 14740    

24k

128.75 128.75    

22k

122.00 122.00    

21k

116.75 116.75    

18k

100.25 100.25    

 

Assets in SPDR Gold Trust, the world's top gold-backed exchange-traded fund, fell to their lowest since September 2008 on Friday.

The strength in the dollar also kept a lid on any increase in gold prices. The dollar climbed to a fresh eight-month high against a basket of major currencies on Monday.

Among other precious metals, silver was poised to log its worst month in year, with a near-10 percent drop. The platinum group metals were the worst performers in the precious group in November. Palladium has lost 20 percent for the month, while platinum has lost 16 per cent - both biggest monthly drops in four years.      
 

 
DD/TT RATES AT 03.45 PM - 1 December 2015

 

Weekly Gold Rates 

 

 

 

Weekly

rates

 

 

 

Saturday

 

 

 

Sunday

 

 

 

Monday

 

 

 

Tuesday

 

 

 

 

Wednesday

 

 

 

 

Thursday

 

 

 

 

Friday

 

TT Bar

16430  No 16460 16530 16610 16130 16620

24k

143.50  Trading 143.75 144.25 145.00 141.00 145.00

22 k

136.25   136.50 137.00 137.50 133.75 137.50

21 k

130.50   130.75 131.25 132.00 128.25 132.00

18 K

113.00   113.25 113.50 114.00 111.00 114.00

   
Get retail Gold and Forex rates with Emirates 24|7 

 

Rates will be updated twice daily

Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling pound, euro and may more against the UAE dirham (US dollar).

The rates for 24 carat, 22 carat, 21 carat, 18 carat and Ten Tola (TT) Bar (11.6638038 gram) will be updated four times a day to keep them fresh and relevant for buyers of gold bars and gold jewellery in the UAE.

The update times for Retail Gold Rate in Dubai will be at 9.30am, 2.30pm, 5pm and 8pm (unless there is drastic fall or rise in the international rate).

On Saturdays, the gold rates will be updated at 9.30am and this rate will stay static through Saturday and Sunday until the international market reopens on Monday.

Please note that the retailers add making charges separately to the quoted rate of gold.

The Retail Gold Rate in Dubai is being supplied by the Dubai Gold and Jewellery Group.

Foreign Exchange Rates

The Foreign Exchange Rates of major currencies will be updated twice each working day at around 8:30am and 3:30pm.

These will cover both the Remittance Rates [for sending money] and the Currency Notes Rates [for buying and selling of currency notes].

The Foreign Exchange Rates are being supplied by UAE Exchange.

 


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