UAE gold sales up 21%
United Arab Emirates: Sunday, November 18 - 2007 at 08:44
The World Gold Council (WGC) has revealed there was a 21% lift in gold sales in the UAE in Q3, when compared to the same period last year. Sales of the metal rose from $544m last year to $680m in 2007, while, in terms of tonnage, 26.3m tonnes were sold as opposed to 23.9m tonnes in Q3 2006. Sales increased throughout the Middle East with Saudi Arabia seeing a 19% spike.
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Jonathan Sheikh-Miller, Deputy EditorSunday, November 18 - 2007 at 08:44 UAE local time (GMT+4)
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