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    Business

    UAE gold prices rebound as summer travel boosts demand for jewellery and bullion

    Gold rises by up to AED4.25 per gram after two weeks of declines, while demand remains strong ahead of the holiday travel season

    By Ahmed Al-Sherbini2 min read
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    Retailers said the recent rise in gold prices has had only a limited impact on consumer demand, with purchases of gold jewellery and bullion continuing to be supported by summer travel and gift-buying. File picture taken by Ashok Verma used for illustrative purpose.

    Retailers said the recent rise in gold prices has had only a limited impact on consumer demand, with purchases of gold jewellery and bullion continuing to be supported by summer travel and gift-buying. File picture taken by Ashok Verma used for illustrative purpose.

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