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training for the Olympics. He would get up at give you the pleasure on the inside, then do around every store on any given diamond jewellery and keep the first two quarters, the third
5am and go running in the cold weather as part something about it. day, but today there are hardly 15 chunky gold items under wraps. looked a little better, but the
of his preparation to ensure he was extremely Find something that will ignite you to do the to 20 customers,” he said, People are thinking that this is fourth is ending on a low note.
fit for the big day. i asked him how he got him- same. adding that the gold rate is not the highest gold will climb, so With Eid and Christmas coming,
self out of bed in the cold to go running with understand that all good things require work, likely to come down but it should they are holding back. But we
People are things might brighten up a little,
such ease. just as implementing any other winning truths i remain steady so that there is know that it will touch RO20 by thinking that this is but gold prices will continue to
What he said stayed with me as a great re- share in my books. some positive response in the the end of the financial year in the highest gold go up, forcing people to reserve
minder whenever i am staring down the barrel you are not alone, winners get the things that market. March 2010.” will climb, so they rather than splurge.”
of challenges to get to any goal i set. i hope it needs to be done out of the way, whether they With the dollar weakening, He added that with Eid com- Gold demand in the Middle
does the same for you too. like it or not. gold prices are increasing, mean- ing, there might be some upturn
are holding back. East dropped by 34 per cent for
He said, “Kevin, you are not alone. i love my Have a winning week. ing sales are likely to come down in sales and to attract customers But we know that it the third quarter of 2009, due to
further, said Iqbal Jaffar of Al for Christmas, they are already will touch RO20 by an exceptionally strong third
You can e-mail him on kevin.abdulrahman@apexstuff.com Hasina Jewellers. “ planning promotions. the end of the quarter in 2008, the World Gold
At the current rate, people are With gold crossing all previ- Council (WGC) said.
selling rather than buying, which ous price barriers, people are
financial year in The total identifiable gold
has led to a 50 per cent drop in increasingly selling gold. March 2010 demand for the third quarter was
sales.” According to Rajesh Govin- 800.3 tonnes in volume terms or
muscatdaily@apexstuff.com
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this time last year, sales are there may be a drop of 30 per demand comprises jewellery,
down by 30 per cent. We plan cent in sales. industrial and investment de-
to focus on light weight gold and “Business was down in the mand for gold.