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Dubai gold trade up 55%

  • United Arab Emirates: Thursday, October 25 - 2007 at 06:55

Gold trade through Dubai reached $5.23bn in the third quarter of 2007, an increase of 55% from $3.37bn during the same period in 2006, according to the Dubai Multi Commodities Centre. A total of 174 tonnes of gold was imported in the third quarter, 47% higher than the 118 tonnes in 2006. These are the highest third-quarter imports recorded in seven years.

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