Gold prices in Dubai jumped to a new record high on Monday morning as 24K crossed Dh405 per gram.

The Dubai Jewellery Group data showed 24K trading at Dh405.25 per gram on Monday morning while 22K was selling at Dh375.25 per gram. Among the other variants, 21K and 18K were trading at Dh360.0 and Dh308.5 per gram, respectively.Gold prices in Asia surged to touch a record high of $3,370.17 per ounce as concerns about tariffs and criticism of the Federal Reserve by US President Donald Trump hit the markets.Also read: UAE Weather: Temperature Spike Expected Across All Emirates

Source Khaleej Times