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Commodities Briefing - Categorized | Bullion/Gold, Trading more

Precious metals trade: Dubai widens its role

Posted on 09 April 2014

Dubai’s gold trade volumes should continue to grow so long as the emerging middle classes in Asia continue to grow and prosper, forecasts John Hathaway, US-based analyst and portfolio manager for Tocqueville Asset Management.
“Dubai is a distribution point to all parts of Asia and that level of flow is dependent on the prosperity of the emerging middle classes in various Asian economies. So, as long as that continues I can’t see anything stopping that flow,” added Hathaway………………………………………..Full Article: Source


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