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Consumer gold purchases in Egypt down 20% in Q2 2025
Consumer gold purchases in several Arab markets saw a noticeable decline in the second quarter (Q2) of 2025, with gold demand falling by 16% and 20% in Saudi Arabia and Egypt, respectively, according to data from the World Gold Council cited by Al Arabiya. In the UAE and Kuwait, gold purchases dropped by 5% and 2%, respectively. Total consumer gold demand across the four countries reached 42.6 metric tons in Q2 2025, down from 49 tons during Q2 2024 and 45 tons in Q1 2025, signaling a broader regional slowdown. In Egypt, consumer gold purchases declined to 11.5 tons in Q2 2025, compared to 14.4 tons in the same ... (full story)
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