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AFP: Unstable dollar fuels gold sales
 
The US dollar's volatility and stable gold prices have contributed to the uptrend in gold sales in the UAE, Expo Centre Sharjah said in a statement yesterday.

The statement, which announced that the five-day MidEast Watch and Jewellery Show will be held from March 30, quoted official figures that put gold exports from Dubai at 403 tonnes in 2009.

The region's jewellery sales accounted for 51 tonnes of gold, with Saudi Arabia and the UAE leading the list.

Source