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Tag "World Gold Council"

Gold jewellery loses shine in UAE, globally in Q1

Gold jewellery loses shine in UAE, globally in Q1 0

🕔15:54, 2.May 2020

Gold jewellery demand fell globally in the first quarter of 2020, its lowest level ever, losing shine due to the outbreak of coronavirus as well as higher prices. The yellow metal also lost shine among the UAE consumers during the

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COVID-19 hits gold: Global gold jewellery demand crashes to lowest quarterly tally

COVID-19 hits gold: Global gold jewellery demand crashes to lowest quarterly tally 0

🕔16:50, 1.May 2020

Global gold jewellery demand has dropped to its worst level… even lower than the fall it sustained in the initial months of 2009’s Global Financial Crisis. Rocketing prices and a complete halt on retail activity meant that the “jewellery sector

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UAE ranks world’s third largest gold purchaser

UAE ranks world’s third largest gold purchaser 0

🕔13:55, 15.Apr 2020

The UAE increased its gold reserves this year, becoming the world’s third largest buyer of the yellow metal in the first two months of 2020, according to World Gold Council data. Turkish central bank was the top buyer of gold

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Russian central bank halts gold purchases

Russian central bank halts gold purchases 0

🕔16:06, 31.Mar 2020

The gold market continues to deal with liquidity issues as mines and refiners close down because of the economic impact the spreading coronavirus is having across the globe; however, the market can now also expect to see lower demand as

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Many UAE investors are selling gold coins, bars in jewellery shops

Many UAE investors are selling gold coins, bars in jewellery shops 0

🕔16:52, 13.Mar 2020

Buyers of gold jewellery may have taken a break at a time when prices continue to skyrocket, but the metal itself seems as popular as ever. When gold prices recently touched a seven-year high of $1700 per ounce, a growing

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China’s Jan-Mar gold demand may fall 10-15%: World Gold Council

China’s Jan-Mar gold demand may fall 10-15%: World Gold Council 0

🕔19:20, 28.Feb 2020

The outbreak of coronavirus may lead to China’s consumer demand for gold contracting 10-15% in Jan-Mar, Juan Carlos Artigas, director of investment research at the World Gold Council, said. In Jan-Mar 2018, China’s consumer demand for gold was at 255.3

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Is gold losing its shine? Jewellery demand in UAE drops 6% in 2019

Is gold losing its shine? Jewellery demand in UAE drops 6% in 2019 0

🕔17:34, 4.Feb 2020

Gold jewellery sales in the UAE hit a slump in 2019, as high prices discouraged many consumers from making new purchases, a new report suggests. A total of 34 tonnes of gold jewellery were sold across the UAE last year,

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UAE gold shoppers need to wait for next dip

UAE gold shoppers need to wait for next dip 0

🕔17:05, 1.Feb 2020

Dubai: After a month when gold prices shot past $1,600 an ounce, before dropping to $1,580 levels, UAE shoppers are still waiting for the right opportunity to get back into buying. The only question is when’s the right time. “A

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Gold demand in 2019 nudges lower as price-driven slump in consumer demand outweighs ETF inflows

Gold demand in 2019 nudges lower as price-driven slump in consumer demand outweighs ETF inflows 0

🕔15:57, 30.Jan 2020

Global gold demand declined to 4355.7  tonnes (t) in 2019, down 1% on 2018, according to the World Gold Council’s latest Gold Demand Trends report. The year 2019 was broadly one of two distinct halves; resilience and growth across most

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New survey highlights substantial opportunities for gold

New survey highlights substantial opportunities for gold 0

🕔18:49, 18.Nov 2019

The World Gold Council today launched its new consumer research report highlighting opportunities for gold for those working in both retail investment and jewellery markets. The significant piece of research, with an 18,000-strong sample, looks at a range of markets

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