Dubai City Of Gold

07 Jan 2013

Dubai has become `City of gold.' With 1,200 tons changing hands in the Emirate, the nickname is apt.

Besides, the local government has set up refineries, vaults and retail markets for gold. The Emirate is ideally between the African producers and the ever-growing markets for gold in India and China.

Dubai's tax-free status has retail buyers making a beeline. Even some of the governments are buying gold owing to the importance of the precious metal as reserves.

The sleepy port town that once Dubai was has come a long way. Now gold is priced at $1700 that is expected to go up to $1900 with the interest being shown by governments in the metal.

Migrate to Dubai or visit Dubai with a suitable visa. Call now on 1800 103 1555. Mail your date of travel to [email protected]