Commodity Online

DUBAI: Dubai, the Asian hub for major trading in gold, is gearing up to host sixth annual Dubai City of Gold Conference. The conference will take place between April 12th and 13th at the Park Hyatt, Dubai.

Over 500 delegates will be in attendance as they plan to discuss the current state of the industry and ways to face the challenge of price rises in the sector.

Transguard Security Services, ABN Amro Bank and Standard Bank are some of the sponsors of the event.

Tawfique Abdullah, chairman of the Dubai Gold and Jewellery Group, said: The conference is an important event as it discusses ways to boost the growth of the global jewellery industry which is valued at around $146 billion ( and pound 73.18 billion).

According to the official website of the Dubai Gold and Jewellery Group, the organisation was founded in 1996 and now has over 700 members. Its aim is to promote the gold and jewellery industry both nationally and internationally through its various activities.