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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Lower gold prices a boon

Posted on 29 July 2013

Jewellery sales are gaining momentum while gold coins and bars are in high demand in the wake of the plunge in the prices of the yellow metal this year, industry players say.
Major retailers and gold jewellers have redesigned their business strategies and are now comfortable with present gold prices, which resulted in strong double-digit sales during the first half of 2013. However, some shop owners and customers in Dubai and Sharjah have complained about a shortage of “Swiss brand” gold bars and coins in the market………………………………………..Full Article: Source


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