Market Report, "Leisure and Personal Goods Specialist Retailers in Saudi Arabia", Published
Many consumers in the Middle East prefer to invest their money in gold bars and bricks, and jewellery, viewing gold as more secure than currencies. A major shift in global and therefore local gold prices shifted interest back to the precious metal. The world gold price more than doubled during the period 2007-2012, rising from US$697.00 in 2007 to US$1,662.00 in 2012.
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