The gold prices and demand as well
Coin making from scrap gold thrives in Dubai
Countries like India which used to import gold from Dubai in the last month exported scrap gold to Middle East to make profits.
The export of gold from Dubai has increased by 29% in 2008 compared to 2007 export figures. This increase has caused the market in the Middle East to face an unprecedented shortage of gold.
As gold prices continued to rise and are expected remain high throughout the year, the cash strapped population is cashing in on their old gold. Read more
