The line graph presents a detailed account of the fluctuations in gold sales in Dubai throughout the year 2002.
Overall, the graph reveals notable peaks and declines in sales, particularly highlighting a peak in February followed by a significant downturn and subsequent stabilization towards the year’s end.
In January, gold sales commenced at approximately 200 million Dirhams, and this figure rose substantially to over 350 million Dirhams in February, marking the apex for the year. However, this upward momentum was abruptly disrupted in March, as sales plummeted to around 275 million Dirhams. The decline continued dramatically in April, where sales dipped to approximately 125 million Dirhams, representing a near 64% decrease from February’s peak. Following this low, there was a modest recovery in May as sales reached slightly over 150 million Dirhams, although June saw a slight drop to just under 150 million Dirhams.
The latter half of the year exhibited more variation; sales in July fell to just over 100 million Dirhams before experiencing fluctuations up to August, when figures stabilized around 200 million Dirhams. The sales then ranged between approximately 150 and 175 million Dirhams from September to October. In November, sales increased marginally to just under 200 million Dirhams, while in December, the figures returned to resemble those of January, concluding the year at approximately 200 million Dirhams. This reiterates a cyclical pattern of sales with fluctuations throughout the year.