Q1 Dubai gold sales up on depressed 2009 but still rather weak …
A combination of the Dubai real estate crash and an exodus of construction workers kept gold demand down in Dubai last year, and figures for the first quarter from the City of Gold show a 30 per cent rise in demand for retail gold that has not yet fully … All those cruise ships docking at the new terminal are conveniently close to the old and new gold souks of the city, and jewelry with its 15-20 per cent mark up to the gold price is a very popular souvenir from Dubai. …
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