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    Gold prices fall in UAE; 24K drops to Dh536.75

    Gold prices fall in UAE as 24K drops to Dh536.75 per gram, tracking a global bullion slump after Fed comments raised expectations of a September rate hike and boosted the dollar and Treasury yields

    Emirates247Emirates247
    1 min read
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    The decline came after gold lost about 3 per cent globally during Friday's trading, as investors increased their bets on tighter US monetary policy. File picture taken by Ashok Verma used for illustrative purpose.

    The decline came after gold lost about 3 per cent globally during Friday's trading, as investors increased their bets on tighter US monetary policy. File picture taken by Ashok Verma used for illustrative purpose.

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