Gulf investors snapping up gold with the approach of the starting platform for Dubai alloys

[yota691]

Gulf investors snapping up gold with the approach of the starting platform for Dubai alloys

 

July 23, 2014 9:21   Last Updated: July 23, 2014 9:21 Source: Live

 

 

The Bulletin of Bloomberg that the appetite for gold will increase with the pursuit of Gulf investors from the United Arab Emirates, Kuwait and Saudi Arabia to diversify their investments, and the approaching launch of Dubai contracts for delivery immediately to gold bullion. chief unit of goods and gold at Arab Banking Corporation, Gerhard Schubert said that gold, which begins In Dubai Gold and commodities this year, will attract commercial activity from London. while its chief executive said in the company MK S Precious Metals in Dubai, Frederick Banezota: «I think that the Middle East has the potential to attain the level of the rest of the world in terms of gold demand ». worth mentioning that about 40% of the total market trading World Gold passed from Dubai last year, according to the statement by the former chief executive of the Centre for the first DMCC Ahmed bin Sulayem. 

 

[Saint]

Well it seems to me that between China and the Middle Eastern countries they pretty much have the market on the gold bullion. <_<