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IPMI and Industry News: Industry News

What's Happening at the Gold Souq in Dubai

Friday, August 23, 2019  
Posted by: Lane White
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Dubai’s gold souq weighed down by precious metal’s fluctuating price

 

The glittering souq on Dubai Creek has more than 300 gold shops selling jewel-encrusted medallion necklaces, gold coins and thick Bedouin bangles known as “father of the thorn”, with display mannequins draped in kilograms of bridal jewellery. Dubai wholesalers said were sales down 50 per cent compared with last summer. - The National 8/23/2019

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