High prices may hit gold jewellery buyers
United Arab Emirates: Sunday, January 20 - 2008 at 08:45
Gold jewellery buyers in Dubai will be deterred if the price for the precious metal again rises above $900 an ounce, reported Reuters. Tawhid Abdullah, managing director of the Dubai Gold and Jewellery Group said high prices have weighed on sales of the precious metal for jewellery in Dubai, deterring buyers and depressing their value by 14% for 2007.
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Jeff Florian, Senior ReporterSunday, January 20 - 2008 at 08:45 UAE local time (GMT+4)
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