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0609 2023

Press release

UAE gold prices predicted to jump up to 15% in H2: Investment firm

Arabian Business

The price of gold in the UAE market is estimated to have risen by 5.4% in the first half of 2023

Gold prices in the UAE could rise above 10-15 percent – or nearly AED 50 per gram – through the rest of the year , offering one of the top investment opportunities, the top executive of an investment firm said.

Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., said the price of gold in the UAE market rose 5.4 percent in the first half of 2023 and the upward trajectory is expected to continue with a spike in prices in the coming months of the year, making it one of the best investment options for UAE residents.

Sources: Arabian Business

Media Observer

Forex TV

nabd.com

Arabian Business

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