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DMCC Charters Notable Rise in Global Gold Demand

From scrapmonster.com

Gautham Sashittal, Chief Executive of the Dubai Multi Commodities Centre (DMCC) stated that precious metals industry is set to witness notable growth in the coming years. The recent geopolitical events have lifted opportunities in the sector. He foresees global gold demand rising significantly. Speaking at the annual Dubai Precious Metals Conference held 10-11 April, 2019, he noted that the gold prices are mainly influenced by the geopolitical uncertainties and weakness in dollar. The gold demand is being driven by the uncertainties. The ongoing general elections in India, Brexit worries, the tensions between the ... (full story)

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  • Category: Fundamental Analysis