Dubai Witnesses 15 Percent Increase In Gold Sales During DSF

  • Date: 13-Feb-2020
  • Source: Al Bawaba
  • Sector:Oil & Gas
  • Country:UAE
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Dubai Witnesses 15 Percent Increase In Gold Sales During DSF

Higher prices of the yellow metal took the shine off the gold jewellery in the second-half of the DSF.. Overall, the participating retail outlets marked incremental sales of 10-15 per cent throughout the DSF period despite of the geopolitical tension and spread of life-threatening coronavirus, which effected the tourist inflow in Dubai," DGJG said.. Even though gold price showed an upward trend through the last few weeks of the campaign, retail sales could maintain reasonable momentum due to the impressive and valuable prizes offered," said Chandu Siroya, Vice-Chairman, Dubai Gold & Jewellery Group..