Middle
East gold demand also appears to have picked up again.
Not exact matches
Demand categories such as
gold used in financial transactions tends to be ignored by the analysts, yet this is still
gold flowing into China and in terms of
gold movement from West to
East remains hugely relevant.
Demand is so strong that Perth Mint brings in
gold from mines in other countries like Papua New Guinea and New Zealand, and jewelry from South -
East Asia that is refined down to the Mint's signature 99.99 percent
gold bullion.
However, since the prices of
gold are affected by many other factors, it is to be considered that due to tensions in North Korea, volatility in the Middle
East and differences between the US and Germany,
gold will turn out to be a safe haven and
demand will rise.
«The Middle
East is an exciting market for us and we will continue to strengthen our position here with our diverse portfolio of brand offerings to cater to the growing
demand for
Gold - Standard serviced accommodation in this region.»