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Dubai Gold Souk


Dubai G S G Souk, traditional market ( ) Dubai, United A Emirates (UAE). T located heart eastern Dubai's commercial business district Deira. T consists 300 retailers trade almost exclusively jewellery. Retailers include established stores Damas, ARY Jewellery Jy Allukas Jewellery smaller stores operate almost exclusively g . T Dubai G S situated locality A Dhagaya. By estimates, approximately 10 g present y given I bordered north y Dubai F Vegetable Market Deira Corniche.

Trade g g during 1940s Dubai's trade policies which encouraged entereneurs India I p stores . Despite general slump global g market, Dubai's share value trade g diamonds total - direct trade increased 18% 2003, 24% 2004. I 2003, value trade g Dubai approximately D. 21 billion (US$ 5.8 billion, while trade diamonds approximately D. 25 billion (US$) 7 billion 2005. India Dubai's largest buyer gold, accounting approximately 23% (2005) emirate's total g trade 2005. Switzerland Dubai's largest supplier g ingots, wastes scrap. Similarly, India accounted approximately 68% diamond-related trade Dubai; Belgium's share Dubai's diamond trade about 13% (2005).

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