Latest gold, forex rates in UAE: Gold direction-less – Emirates 24/7

Gold was little changed on Tuesday after a two-day losing streak, as fears over a looming US rate hike offset any safe-haven bids from weaker equities, while platinum hit a fresh 6-1/2-year low on fears of reduced auto sector demand.


Spot gold was at $1,132.20 an ounce, after dropping 1.2 per cent on Monday on worries that US rates could increase this year.   


A flurry of planned appearances this week by Federal Reserve officials began on Monday, but conflicting views by policymakers created more uncertainty. 

Gold rates for September 29, 2015 







Daily

Morning

9:30am

 Afternoon

2pm

 Evening

5pm

 Late Evening

8pm

TT Bar

15595

 15525    

24k

136.25  135.50    

22k

129.50  129.00    

21k

124.25  123.50    

18k

107.50  107.00    

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Non-interest-paying gold has lost about 4 per cent this year on fears that demand could take a hit in a higher interest rate environment.


The rate hike fears outweighed any benefit that bullion could have received from a drop in the US dollar and equities.


Asian shares skidded to 3-1/2-year lows and the dollar sagged on Tuesday, tracking sharp losses on Wall Street after weak Chinese data rekindled worries about its fragile economy.

DD/TT RATES AT – 07.30 AM – 29 Sep 2015

DD/TT RATES AT – 03.30 PM – 29 Sep 2015



 
Weekly Gold Rates 







 

 

 

Weekly

rates

 

 

 

Saturday

 

 

 

Sunday

 

 

 

Monday

 

 

 

Tuesday

 

 

 

 

Wednesday

 

 

 

 

Thursday

 

 

 

 

Friday

 

TT Bar

16430  No 16460 16530 16610 16130 16620

24k

143.50  Trading 143.75 144.25 145.00 141.00 145.00

22 k

136.25   136.50 137.00 137.50 133.75 137.50

21 k

130.50   130.75 131.25 132.00 128.25 132.00

18 K

113.00   113.25 113.50 114.00 111.00 114.00

   
Get retail Gold and Forex rates with Emirates 24|7 

 

Rates will be updated twice daily

Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling pound, euro and may more against the UAE dirham (US dollar).

The rates for 24 carat, 22 carat, 21 carat, 18 carat and Ten Tola (TT) Bar (11.6638038 gram) will be updated four times a day to keep them fresh and relevant for buyers of gold bars and gold jewellery in the UAE.

The update times for Retail Gold Rate in Dubai will be at 9.30am, 2.30pm, 5pm and 8pm (unless there is drastic fall or rise in the international rate).

On Saturdays, the gold rates will be updated at 9.30am and this rate will stay static through Saturday and Sunday until the international market reopens on Monday.

Please note that the retailers add making charges separately to the quoted rate of gold.

The Retail Gold Rate in Dubai is being supplied by the Dubai Gold and Jewellery Group.

Foreign Exchange Rates

The Foreign Exchange Rates of major currencies will be updated twice each working day at around 8:30am and 3:30pm.

These will cover both the Remittance Rates [for sending money] and the Currency Notes Rates [for buying and selling of currency notes].

The Foreign Exchange Rates are being supplied by UAE Exchange.