UAE gold price 'still' lower than in India despite April events

UAE gold price 'still' lower than in India despite April events

UAE-India gold price gap dropping below 6% was a one-off, says Malabar Gold

UAE-India Gold Price Gap Briefly Narrowed to 4% in April, Returns to Normal 6% Level

UAE-India gold price gap dropping below 6% was a one-off, says Malabar Gold The price difference between UAE and India’s gold rates dropping below 6% was only a temporary phenomenon, according to a leading jeweler. “Yes, there was a phase in April when UAE-India gold price gap was 4% – but that happened because of some issues in the Indian market temporarily,” said Shamlal Ahmed, Managing Director of Malabar Gold & Diamonds. “It had nothing to d…