• HSBC

Dubai's gold trade exceeds $19bn

  • United Arab Emirates: Sunday, January 27 - 2008 at 07:09

The total gold trade through Dubai reached $19.03bn in 2007, an increase of 29% from 2006, according to a statement by Dubai Multi Commodities Centre. In 2006, Dubai's gold trade was estimated at $14.75bn, up from $10.73bn in 2005. A total of 559 tonnes of gold was imported into Dubai in 2007, up by 14% from 489 tonnes in 2006.

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