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Gold sales to surge at DSF
- United Arab Emirates: Tuesday, December 26 - 2006 at 08:00
Dubai gold sales are predicted to surge by almost 50% during the city's 45-day shopping festival, according to the Dubai Gold and Jewellery Group, cited by Reuters. Meanwhile, gold sales in Abu Dhabi rose 7% in November after being down 15% in Q3 2006, according to Abu Dhabi Gold and Jewellery Group. But one Abu Dhabi trader said we won't be able to compete with Dubai and its shopping festival.
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James McInerney, News EditorTuesday, December 26 - 2006 at 08:00 UAE local time (GMT+4)
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This article was updated on Sun Jan 14 2007.
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