The line graph shows the information about how the gold market in Dubai moved from January to December. As the overall trend, gold sales in Dubai had fluctuated around 2002. At first glance, in March, the number of gold sales was the highest. In contrast, the quantity of those was the slightest in July and September.
In the first month, January, gold trade plateaued at 200 million dirhams. After that, the line saw small growth to reach about 225 million in February. This was followed by another increase; it rocketed to around 350 million very quickly in March. The gold sales were higher than two months ago. For the next four months, the upward trend had a dramatic plummet. It was lost by almost 100 million. This led to competitive pressure from other countries, and the amount of gold smuggled increasing, but the government couldn’t deal with it. In August, gold sales stilled going up by 80 million. The trend continued moving suddenly. Not long time after, it declined again in September. The amount of millions of dirhams in July and September. October came with a marked rising up from 120 million to 180 million of dirhams in sales. A relatively remaining static was in October, November and had a little change in December. The common of the last 3 months wasn’t the fluctuating more.
Ultimately, the spring had a abrupt increase by 150 million. The summer had a dropping to under 150 million, the line was lower peak. In autumn, it virtually changed unchanged and had a peak quiet peak again. The last season is the winter which had a slightly rising and almost maintained the same level.