Dubai has built itself as a major gold trading center by procuring raw material from Ghana and selling the product to buyers in the market of the Middle East and South Asian countries. Dubai owns around 30% of the gold trade market in the world, with more than 1000 tons of the metal trade. Rich traders believe that the gold price will continue to rise despite some stagnation, as the Dubai government leans on gold as a sure thing in an unstable world economy.
Dubai is famous for gold thus it is known as the "city of gold", and it is one of the seven emirates of the UAE. The city is famous for its luxurious life, high class. The city is a chief gold trader and also a major retail market with thousands of shops selling yellow metal. The city is the center of attraction for traders, tourists, and residents looking to buy the yellow metal. Customers can walk in and buy customized Jewellery and Gold of their choice.
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