UAE Gold Demand Hits 19.6 Tons
The consumer demand for gold in the UAE during the first half of 2026 reached approximately 19.6 tons, a decline of 14% compared to the same period in 2025, which recorded 22.8 tons. Additionally, sales of gold jewelry decreased by 34%, totaling 10.3 tons versus 15.6 tons in the first half of 2025. Meanwhile, the demand for gold bars and coins increased by 29%, reaching 9.3 tons compared to 7.2 tons in the same period last year.
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