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Local Gold Prices Drop - Details

Local Gold Prices Drop - Details

Gold prices saw a decrease in the local market in the second quotation, on Wednesday evening, by 90 dirhams for 24 karats, 80 dirhams for 21 karats, and 70 dirhams for 18 karats, compared to the morning quotation, according to the General Syndicate of Owners of Jewelry and Gold Trading and Crafting Shops.

According to the evening quotation, the selling price of '21 karat' gold, the most desired by citizens, dropped to 83.4 dinars for selling from goldsmiths, compared to 79.6 dinars for purchase.

The price of one gram of gold for 24 and 18 karats for selling from goldsmiths also decreased to 95.70 and 73.90 dinars respectively.

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