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NBD gold certificates up 43%
- United Arab Emirates: Saturday, May 27 - 2006 at 17:00
The National Bank of Dubai, in association with the World Gold Council, said today that since the launch of its Gold Savings Certificates, their value has witnessed an increase of 43%. Available in 500 gm or 10 kg denominations, the five year certificates can be purchased with a one-off fee of Dhs50 per certificate and an annual storage charge of 0.30%. Investments can be redeemed in either gold bars or cash.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, May 27 - 2006 at 17:00 UAE local time (GMT+4)
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