The United Arab Emirates accounted for 25.6% of the Arab consumer demand for gold, out of a total consumer demand of 37.8 tons for Saudi Arabia and other countries in the region. This high figure highlights the leading role of the UAE in the Middle East's gold sector. Demand for gold in the UAE remains strong due to the culture of investing in precious metals and the well-developed infrastructure for gold trading.
UAE Captures 25.6% of Arab Gold Demand
The UAE has secured a significant share of the Arab consumer demand for gold, demonstrating its dominant position in the region's precious metals market.