| 29.09.2009 - Indian traders prefer to keep gold in Dubai |
| From Business24-7.ae: Indian gold traders trying to escape a doubling of import duty in India are driving the business of Dubai based vaults, CEOs of Dubai Multi Commodity Centre (DMCC) registered brokerage companies say. Indians traders who earlier imported gold from Dubai, converted it into various forms of jewellery and exported to destinations in East Asia, South East Asia, Europe and North America are now directly exporting it from Dubai, they added....................Full Article: Source |