Friday, July 16, 2010

Summer Gold Demand In Dubai, Abu Dhabi Up

The evidence only comes from a straw poll, but it looks like gold demand has increased in Dubai and Abu Dhabi this summer as compared with the last. Expatriates buying gold were the cause, suggesting that tourists have more money to spend on the metal.

The demand was for jewelry. No mention was made of the gold vending machine in Abu Dhabi.


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