Dubai is so rich in terms of natural source such as petrol, valuable minerals or gold deposits. Therefore, the Dubai can sell their sources and make money for their citizens. As you can see in the chart, in 2002 has so flactuating trend.
In this chart provide to us changing sales of gold’s quantity according to 2002’s months. In March has the highest sales value of the year. However, July and September have the least sale value. There is a slightly decrease between March and July.
Firstly, in the March, gold was being demanded because of the economical crisis. So many country wanted to fill their gold reserve. At the same time, gold costs was gone up by the Dubai goverment.
Secondly, when we come to summer and fall months we can see decreasing of the gold sales reason why Dubai was taking stand so bad to other countries. So Middle East and European contries didn’t want to trade with Dubai. After that, Dubai obligated to decrease gold price.
As a result, there are several reason of flactuating sale values which we can explain. This waving so normal in business life. Sometimes countries can’t deal some topics but after that it can recover and come to normal levels.