Dubai gold prices steady in early trade after losing half a dirham

Gold prices were steady in the UAE on Wednesday morning after losing half a dirham per gram on Tuesday.

As of 9am, UAE time, the 24K variant of the precious metal was trading at Dh280.75 per gram in Dubai while 22K, 21K and 18K were trading at Dh260, Dh251.75, and Dh215.75 per gram, respectively.

Spot gold was trading at $2,319.04 per ounce, up 0.17 per cent at 9.10am, UAE time.