On November 13 this year, the eighth Dubai City of Gold Conference will be hosted by Dubai Gold & Jewelery Group. The conference will discuss the value of gold and precious metals in an era of increased risk and economic uncertainty. Gold is still one of the best investment assets, reaching its record price of US $ 1920.3 per troy ounce in early September this year.
During the one-day conference, jewelry, gold and precious stones industry experts from all over the Middle East will discuss the industry's development prospects and share their views and observations regarding the trade in precious metals, precious stones and jewelry in the region.
According to the organizers, the conference "Dubai is the city of gold" this year will be attended by more than 450 delegates, including heads of large companies, industry leaders and bankers representing local and international markets, as well as representatives of the Government of Dubai.
"The Dubai Stock Exchange Center (DMCC) is proud to celebrate its active participation in this prestigious event as a sponsor," said Ahmed bin Sulayem, Executive Chairman of DMCC. “The sponsorship of this important conference is part of our strategy to support the gold trade in the emirate, especially as part of our recent initiative to sell gold coins.”
"Gold prices and their fluctuations are a reflection of the current uncertainty in the economic and political spheres," said Gerard Schubert, head of precious metals at Emirates NBD “Gold, as an asset class, has recently attracted a lot of investment community attention to this region, so Emirates NBD will continue to support the development of the gold and precious metals sector in the country.”
