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Email this article: Investors add to Gold ETPs in the face of deepening European credit crisis
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Posted: Fri July 6, 2012 10:49 am
INTERNATIONAL. In the short-term, disinflationary forces around the globe, and the concern that the U.S. might not need to do QE3, are putting a damper on gold's advance.
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UAE. Consumption of luxury goods up 11% in the GCC, according to Bain & Company; China luxury market shows a shift in consumer preferences and ties to the GCC; In the UAE, Chinese represent about 2.5% of overall tourists, but account for 7% of the mall footfall and even bigger part of the spend.