Gold prices in the UAE extended their recent decline, with 24-karat gold falling below AED 500 per gram as global gold prices stabilized near their lowest levels in more than seven weeks. Silver prices also recorded a further drop.The price of 24-karat gold fell to AED 497.25 per gram, down from AED 505.50 yesterday, a decline of AED 8.25. The price of 22-karat gold dropped to AED 460.50 per gram, while 21-karat gold fell to AED 441.50 and 18-karat gold to AED 378.50.Silver declined to AED 7.16 per gram. An ounce of silver was priced at approximately AED 222.72, while a kilogram cost AED 7,160.61.Prices:Gold24-karat: AED 497.25 per gram22-karat: AED 460.50 per gram21-karat: AED 441.50 per gram18-karat: AED 378.50 per gramSilverAED 7.16 per gramAED 222.72 per ounceAED 7,160.61 per kilogram