The price of 21-carat gold in Bahrain has dropped to an average of BD13 ($33.6) and BD13.8 per gramme this year, as against the average price of BD16 per gramme in 2011 and BD22.5 last year.

Prices of raw gold fell by 30 per cent from $1,924 per ounce in September 2011 to $1,333 last week, according to reports issued by World Gold Council, said the report in our sister publication Akhbar Al Khaleej. – TradeArabia News Service