The UAEās gold jewelleryĀ retailers are shedding their obsession with the 22 karat. They are working to create a new generation of shoppers ā the younger ones, preferably ā and the way they are doing this is through the 18k route. Their strategy is quite straightforward ā 18k allows jewellers to …
Read More »UAEās gold jewellery demand falls to 20-year low
Even a late December surge in buying was not enough to add sparkle to the UAEās gold jewellery sales during 2017. In fact, overall jewellery volumes dropped for a fourth straight year, totalling 42.8 tonnes as against the 43.4 tonnes gold retailers managed to sell in 2016. This is the …
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