09.02.2015 - Dubai Gold Jewelry Demand Higher After Slow Star to Year
Gold-jewelry demand in Dubai is picking up after a slow start to the year when buyers were held back due to high prices, according to Tawhid Abdullah, chairman of the Dubai Gold & Jewellery Group, a retailer in the gold souk. Industry sales are probably 8 percent higher so far this year compared with the same period in 2014, Abdullah said in an interview at a commodities conference in Dubai on Sunday. In January, when gold jumped to a five-month high, demand was probably 2 to 3 percent higher over a year earlier, he said...............................................Full Article: Source
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