Dubai gold calls Indians!

Every year when the gold festival comes about in dubai so many Indians go over there and they7 buy so much gold.actually Indians are the largest consumers of gold in the entire world.they consume about 850 tonnes of gold per annum.can you imagine one tonne of gold.just take a moment to imagine it,now imagine 850 tonnes of it.Indians consume that much every single year and the demand is growing by leaps and bounds.
What is making Dubai so attractive to so many Indians is the fact that the gold obtained there is quite pure and at the same time much cheaper than what is available at home.of course,the Dubai gold may not have those unique Indian designs but they make up for it in quality and price.so most of the savvy Indians buy bars of gold and bring it back home to be designed into those unique designs by the Indian designers.thats one way to go.so do not be surprised if you see many people carrying bars of gold through the airport the nest time you travel.can you imagine,850 tonnes and that is at per year basis!no wonder most of the jewellery giants are making a beeline for India!