Top gold investors such as Russian Central Bank are planning to sell their gold reserves so as to save rouble. Last year in 2014 the yellow metal had diverse price variation. But the scenario is changing as the top 10 investors are finding indicatives across the foreign markets for gold rates. This is because of the financial crisis made by lower oil prices and it is affecting biggest gold investors and gold reserve holders.
And with the start of new year the gold price is predicted to be lowering for a long and it is a good invitation. This increases the retail sales of gold ornaments and jewellery in Dubai to the tune of twenty five percent with the exception of russians not on plan buying it while visiting dubai. The dubai festivals which is on now organizes gold raffles daily and the gold prize winners are listed here with updation http://www.mydsf.ae/winners/
The dubai shopping festival 2015 will give a chance to the customers who are purchasing for just AED 500 will led to win the gold withdrawals and jewelry worth 100 kg of gold. There are lot of draws like daily, weekly an final draw and there is prize of 40 carats of diamonds too. THe customer can purchase gold from any participating outlets and get a raffle coupon
Following are list of participants in dubai shopping festival for gold chain
Malabar Gold & Diamonds
Pure Gold Jewellers