Along with the overall demand increase, the average transaction size also shot up since the start of the month. “Against Dh2,000-Dh2,500, an average transaction was pushing past Dh3,500,” said Abdul Salam K.P., Executive Director at Malabar Gold & Diamonds. “There was a lot of deferred buying that’s happening now.”
Antonin Kelian Kallouche/Gulf News