Wednesday, January 4, 2012

Gold tops Dubai exports, fed by Indian demand, strong market

Gold was on a winning streak as it topped Dubai?s exports in the first nine months of last year amounting to Dh45 billion on the back of high demand from India and a bullish market, latest statistics and analysts say. Unwrought, worked and semi-manufactured gold also topped the list of Dubai?s imports with Dh58.9 billion from January to September last year, according to Dubai Customs statistics released yesterday.

Gold was on the rally up until mid-September and the market was bullish, there was no looking back for trading activity
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Source: http://www.albawaba.com/gold-tops-dubai-exports-fed-indian-demand-strong-market-407693

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