Continued gold prices decline achieving, the day before yesterday new declines ranging between 3.5 and 4.5 dirhams, compared to gold prices last weekend, according to gold rate in Dubai market , bringing the total value declines during the past three weeks to 12 dirhams, at the time said gold shops in dubai that the markets that demand change more towards bullion and gold coins.
The price of gold grams of 24-carat 151 AED , a decrease of 4.5 AED from the end of the previous week , while the record gram of 22 carat 143 AED a drop of 4.25 dirhams . And the price of a gram of 21 carat 137.25 AED , down four dirhams worth , and gram of 18 carat 118.5 AED , a decline of 3.5 dirhams .
Registration gold rates drop large Finally , shares in changing demand more in the markets towards bullion and gold coins , for the purposes of saving and investment , with the attainment of gold indicators stimulating the purchase did not communicate them since May 2013 , which saw the largest decline in the price of gold two years ago , said Krish Kumar .
Sales bullion and gold coins has grown at rates reached ratio to 15% compared to growth rates of 10% for jewelry . Add Kumar
Despite the growth in sales of bullion and jewelery, influenced by the great retreat in gold prices, the weather contributed to the reduced revenues anticipated in the markets of Sharjah », expected to show declines returns gold prices with the weather improved, said Director of Sales «Jewelry teller», Abdullah Mohammed Ali Thami
Increasing sales of tourists with low prices, contributed to the revitalization of markets activities at rates of sales growth amounted to 15%
