75 Days
Source:
الاقتصادية
Gold Demand Expected to Stay Steady
The demand for gold continues to rise despite fluctuations in its prices, with expectations that it will remain strong throughout the second half of 2026. The Head of Middle East Affairs at the World Gold Council explained that demand, especially from central banks, will increase supported by diversification of reserves and the use of gold as a hedge against inflation and geopolitical risks. Gold demand in the second quarter of 2026 remained steady at 1,269 tons, with central bank purchases increasing by 62% compared to last year. There are predictions of further price volatility due to uncertainty surrounding interest rates and the geopolitical situation, with gold potentially recovering if authorities lower interest rates globally.
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