Kuwait witnessed great demand for gold despite higher prices

ArabTimes/Staff/1-6-2020

Map of the Persian Gulf“Al-Sayegh [a jewelry dealer] said . . .  “It is noticeable that many citizens want to buy bullion besides gold jewelry, with the aim of investing in this yellow metal because it is considered as a safe haven for investors.”

USAGOLD note:  The time period covered in this article is prior to the Soleimani incident. With tension rising in the Middle East the demand for gold bullion and coins could become even greater among citizens living in the danger zone along the Persian Gulf.

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