Gold demand in Jordan increases by 40% in July due to rising prices and economic concerns.
Gold demand surges in Jordan due to rising prices, with gold jewelry purchases increasing by up to 40% in July. Stakeholders attribute this to gold's appeal as a safe-haven metal, hedge against inflation, and protection against market volatility. Economic concerns and the potential US Federal Reserve interest rate cut in September have also fueled demand, with gold coins and bars being a major investment channel.
August 03, 2024
3 Articles