The line graph illustrates the monthly gold sales in Dubai throughout 2002, measured in millions of Dirhams. Overall, the data reveals a volatile trend, with sales reaching a notable peak in the first quarter before experiencing several sharp declines and recoveries for the remainder of the year.
In January, sales stood at 200 million Dirhams, rising steadily to 225 million in February. This was followed by a dramatic surge to a yearly high of 350 million Dirhams in March. Subsequently, sales figures began a downward trajectory, falling to 250 million in April, 200 million in May, and 160 million in June. The downward trend continued into July, where sales reached a low of 120 million Dirhams.
August saw a sudden recovery, with sales climbing back to 210 million Dirhams, before plummeting again to 120 million in September, matching the July low. From October onwards, the market stabilised somewhat, with sales rising to 180 million Dirhams, remaining flat through November, and ending the year at 190 million Dirhams in December. Despite the volatility, the final month's figures remained slightly below the initial January levels.