The line graph presents a comprehensive analysis of gold sales in Dubai throughout the year 2002, highlighting fluctuations in revenue across the months.
Overall, gold sales exhibited significant volatility, peaking in February before experiencing a notable decline in the following months and culminating in a stabilization towards the year’s end.
In January, gold sales commenced at approximately 200 million dirhams and escalated to over 350 million dirhams in February, establishing a peak for the year. March maintained a substantial level of sales, recorded at around 275 million dirhams; however, this positive trajectory was abruptly interrupted in April, where figures plummeted to approximately 125 million dirhams. The downturn continued through to July, culminating in sales of just over 100 million dirhams, marking the lowest point of the year.
Subsequent to this decline, August witnessed a remarkable recovery as sales surged back to approximately 200 million dirhams, effectively doubling the figures from July. However, this resurgence was short-lived, as September experienced a regression back to July’s levels, with sales recorded at roughly 150 million dirhams. October reflected a modest increase, reaching approximately 175 million dirhams, followed by a stabilization phase where sales hovered around 200 million dirhams for both November and December, illustrating a relative consistency in the final months of the year.