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Industry & Economy - Gold & Silver
Dubai gold meet to discuss trade aspects

G. Chandrashekhar

Mumbai , Nov. 22

An international conference on gold — Global Gold Forum 2006 — covering diverse aspects such as markets, prices, investment, jewellery, derivatives trading and related services will be held in Dubai during November 26-28. Gold is popular as a safe haven investment in uncertain times and as hedge against inflation. Gold consumption has been expanding in recent years despite rising and volatile prices.

The meet will discuss in-depth global bullion market dynamics, market drivers, investment opportunities including newer instruments, jewellery market outlook and of course a price outlook using fundamental and technical analysis.

Global Participation

While Asia has the largest bullion consumption growth potential, Dubai, known as the hub of bullion trade, has a large number of market participants including bankers, traders, investors and service providers. Organised by Tefla's Commodity Interface, the event has already attracted worldwide participation. "Our line-up of speakers represents the who's who of global gold and jewellery trade," Mr Kailash Singh, Managing Director, Tefla's Commodity Interface, told Business Line.

Some of the well-known speakers include Mr Tawhid Abdullah, Chairman of Dubai Gold and Jewellery Group; Mr Paul Walker, CEO of GFMS; Mr Colin Griffith, Chairman of DGCX; Mr Jignesh Shah, MD & CEO of MCX India; and senior representative of World Gold Council in addition to experts from the US, the UK, Australia and Canada.

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