Dubai, April 10 -- Gold prices in Dubai,United Arab Emirates(UAE), surged on Thursday, April 10, by 4 Dirham (Rs 93.97) per gram in just one trading day.

According to the Dubai Jewellery Group, the price of 24-carat gold reached Dh 374.50 (Rs 8,797.49) per gram by Thursday evening, up from Dh 370.50 (Rs 8,703.52) per gram the previous day.

Prices for other purities were as follows at 6:10 pm UAE time:

22-carat: Dh 346.75 (Rs 8,145.60) per gram

21-carat: Dh 332.50 (Rs 7,810.85) per gram

18-carat: Dh 248.00 (Rs 5,825.84) per gram

In global markets, as of 2:50 am Eastern time, spot gold is up 1.6 percent and is trading near USD 3,150 an ounce, close to its previous record highs.

The spike comes in response to US President Donald Trump...