UAE: Gold prices inch higher in early trade in Dubai

Gold prices inched higher in UAE at the opening of the markets on Thursday.

According to Dubai Jewellery Group data, the 24K variant of the yellow metal was trading at Dh280.25 per gram on Thursday as compared to Dh279.75 per gram at the close of the markets on Wednesday. Among the other variants, 22K opened at Dh259.5, 21K at Dh251.25 and 18K at Dh215.25 per gram.

Spot gold was trading 0.4 per cent higher at $2,318.35 per ounce.