Gold jewellery purchase in Dubai has increased by 32 percent in September 2008, as compared to the same month a year ago. The difference in sales is on account of drop in gold prices, as reported by Reuters.

In August 2008, sales were higher than in September by 3 percent due to consumers purchasing more during the fasting month of Ramadan and the Eid feast.

The price of gold stood at $748.34 an ounce in September, the lowest in 12 months, while in mid-march 2008 it was at its all-time high of $1030.80 an ounce. During July and August, the fall of gold prices helped surge purchase.