Dubai, May 26 -- Gold prices in Dubai,United Arab Emirates(UAE), dropped by Dirham 1 per gram at the opening of the markets on Monday, May 26.

According to theDubai Jewellery Group, the price of 24-carat gold fell to Dh 403.75 (Rs 9,345.16) per gram at 9 am, down from Dh 404.75 per gram at the close of trading on Sunday, May 25.

Other gold variants saw price drops:

22-carat: Dh 373.75 (Rs 8,650.78) per gram, up from Dh 374.75 per gram

21-carat: Dh 358.25 (Rs 8,292.02) per gram, up from Dh 359.25 per gram

18-carat: Dh 307.25 (Rs 7,111.58) per gram, up from Dh 308.25 per gram

In the international markets, spot gold was trading at USD 3,350.20 (Rs 2,85,134.68) per ounce, reflecting a 0.25 percent decrease. The drop followed US Presiden...