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Sunday, November 29 - 2009

UAE gold consumption up

  • United Arab Emirates: Sunday, November 30 - 2003 at 09:07

The World Gold Council reported that the consumption of gold was up by five per cent in the UAE in the first nine months of 2003. Retail investment consumption of gold bullion coins and bars jumped by 80 per cent to 6.5 tonnes. Gold is a traditional safe haven for investors.

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