ALBAWABA - Dubai gold prices increased by over Dh11 ($3) on Wednesday morning, local media outlets confirmed on Wednesday.
The 24-karat variety was priced at Dh560 (152.50) a gram at 9.17 a.m., compared with Dh548.50 ($149.40) on Tuesday.
The 22-karat variety increased to Dh518.75 ($141.30); it was Dh508 ($138.40) on Tuesday.
Jewellery buyers in the country now will pay extra Dh11.50 ($3.13) per gram for 24K gold and Dh10.75 ($2.92) more per gram for 22K gold compared with the day before.
On the other hand, the International oil benchmark Brent North Sea fell by almost 11 percent to below $100 a barrel.
