Dubai gold prices drops as dollar maintain stability


(MENAFN) With the dollar holding steady on higher U.S. Treasury yields amid uncertainty over the outlook for tax reforms in the United States Dubai Gold prices witnessed a slight drop on Tuesday.

Dubai gold prices are Dh154.50 for 24-karat and 22-karat can be bought for Dh145.25.

"Gold prices continued to trade in a very tight range as investors await cues from global markets," ANZ said in a note.

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