An analysis of the data from the World Council on gold has revealed that consumer demand for gold in the UAE has observed a rise since the beginning of the current year. The quantity of sold jewelry items during January-September increased by 10% compared to the analogous period of the previous year. The main driving force behind the interest in gold appears to be significant family events, such as weddings, which remain the main factor for demand for jewelry made of precious metals. Congratulations demonstrate statistics, according to which the demand for jewelry decorations in the UAE has increased by 15% since the beginning of 2021. The interest of investors has also increased, leading to a rise in demand for investment bars and coins in this region. Speaking of the stable dynamics of gold prices in the world, it is noted that gold remains an important asset for investors. Experts noted an increase in the number of new investors investing their funds in gold as one of the leading trends of the current year.
