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Bank – UAE:
Gold prices (22) and (24) rose from 0.25 to 1.25 dirhams in the UAE's domestic market compared to yesterday's prices.
The price of one gram of gold (22) to 161.25 dirhams, from 161 dirhams yesterday.
And reached one gram (24) 172.75 dirhams, against 171.5 dirhams last Friday.
The price of gold last week reached 172.25 AED per barrel (24) and 161.75 AED (22).
Sales executives at Dubai and Sharjah gold and jewelery stores confirmed that consumers had increased their gold sales during the current period, as demand for gold dropped after prices rose, market to remain active during the holiday season and the return of activity to the tourism sector.
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