Dubai's gold trade wobbles as price rises

Dubai's gold trade wobbles as price rises

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

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The video discusses the impact of rising gold prices on the market, driven by financial instability and a weak dollar. Despite a decrease in gold purchases, jewelry sales remain strong due to price compensation. Tourists, attracted by lower prices compared to their home countries, significantly contribute to gold purchases in Dubai. The government aims to double tourist numbers by 2015, which could further boost the gold sector.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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