Gold sales in dubai 2002
In August, there was a sudden increase. Sales almost doubled, rising from million dirhams in July to million dirhams in August. This was followed by a drop in September, the July figure. From September to October, sales recovered , from to million. In October and November, sales r emained steady, and there was a small increase in December to million dirhams.
In conclusion, the main sales period is in the early part of the year, slumping in the summer, except for a sudden increase in August. Who are the better parents? Money as a Motivator Ideas: Education is Good Ideas: Education is Bad Ideas: When Children Behave Badly Layout: Is Money a Good Motivator? Examples The Domino Effect: Older When Should People Retire? Animal Testing Animal Testing: No Should Parents Pay? In the first three months in , there was a rapid rise of millions of Dirhams in gold sales, reaching its peak at in March.
This was due to the fact that people often buy golden jewelries in the spring. After this, the gold turnover started to fall off significantly to its lowest level with approximately in July. In August, there was a quick increase in the sales of Dubai gold, nearly doubled to just over From September to October, the sales went up slightly, standing at around It leveled off in October and November before growing slowly to under in December.
In brief, the Dubai gold sales jump substantially in the early of and after that, it plunged dramatically. The line graph shows estimated sales of gold in Dubai for 12 months in in millions of dirhams. There were two main seasons for gold sales. The main season for sales is in the December to May period. Sales were consistently above million dirhams per month, rising sharply to a peak of million dirhams in March.
However, for the next four months, sales declined steadily, reaching an annual low of million dirhams in July. In August, there was a sudden increase.