Dubai: Peruvian gold exports to the UAE grew 155 per cent year on year in the first half to $233 million (Dh855.11 million).
Total gold shipments jumped from 42kg in 2015 to reach more than 7 metric tonnes in 2016, making the UAE the fourth largest destination for Peru’s gold exports, after Switzerland, Canada and the US. Peru ranks as the world’s sixth biggest producer of gold and is the largest producer of the commodity in Latin America. Gold is the second most exported product for Peru after copper ore.