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World Gold Council

World Gold Council latest

 Why This Is The Best Time To Buy Gold
January 20th, 2020 - 06:41 GMT

Why This Is The Best Time To Buy Gold

It's the right time to buy precious commodities, according to the Dubai Gold and Jewellery Group (DGJG), the umbrella group representing the local industry, with industry executives believing that there is more potential of the price going up in the near to medium term. They noted that central banks and funds will continue to buy the yellow metal as geopolitical tensions will keep the commodity's price higher. Tawhid Abdullah, chairman ...
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While demand for jewelery was very weak in both Saudi Arabia and the UAE in 2018, it was much worse in Turkey and Iran. (Shutterstock)
February 3rd, 2019 - 05:45 GMT

Gold Is No Longer Glittering for Arab Jewelers in Middle East

Global demand for gold rose slightly in the third quarter compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the WGC report said. (Shutterstock)
November 4th, 2018 - 03:43 GMT

Will VAT Refund Increase Gold Demand in UAE?

Defining the best investment depends on the kind of yield sought. Some people aim for quick profits, while others make investments that should give yields in the longer term. (Shutterstock)
September 2nd, 2018 - 11:30 GMT

The Best Investment Options in Egypt

Gold jewellery demand in the GCC slumped in the first quarter. (Shutterstock)
May 6th, 2018 - 09:12 GMT

What's Wrong With Gold in the GCC?

The sell-off across world stock markets on Monday sent investors rushing into the dollar, helping the US currency perform well against the euro, British pound and other commodity-linked currencies. (Jewel Samad/ AFP)
February 6th, 2018 - 12:55 GMT

From Dow Jones to Bitcoin: Top 5 Things You Need to Know Today

Russian Central Bank is expanding its gold reserves amid growing geopolitical tensions. (File photo)
November 12th, 2017 - 07:00 GMT

Russia Buying Gold at ‘Record Pace’, World Gold Council Says

Gold is often seen as a safe-haven investment in times of geopolitical and financial uncertainty. (Shutterstock)
January 26th, 2017 - 10:12 GMT

Golden opportunity: Is it time to be bullish on bullion?

Al Bawaba
August 18th, 2015 - 06:44 GMT

UAE gold diggers go on three week spree

Al Bawaba
July 14th, 2015 - 09:21 GMT

The Middle East loves its gold — but who tops the MENA region?

According to estimates, Turks hold some 3,500 tons of gold. Banks have sought to capitalize on the tradition by offering accounts denominated in gold.
February 16th, 2015 - 04:39 GMT

Save up! Meet the Turkish ATM that distributes gold instead of cash

Jewelry remains the biggest component of gold demand, representing more than half of all demand at 510 tons.
August 17th, 2014 - 03:55 GMT

Gold demand loses luster by 30%

The Middle East’s share of gold consumption was 6 percent last year, compared with 7.8 percent in 2010
July 23rd, 2014 - 09:36 GMT

High demand for gold spurs trade across GCC

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