Top 10 gold buyers in the world 2010

By Wang Yanfang
0 Comment(s)Print E-mail China.org.cn, August 1, 2011
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   UAE

 

UAE, one of the 'Top 10 gold buyers in the world 2010' by China.org.cn.
UAE was the ninth largest consumer in the world in 2010. [wealthdaily.com]


Total: 72.0 tons

Year-on-Year change: -3%

Because of the high and unstable gold prices the gold jewelry demand across the Middle East region subsided in 2010 except for a positive first quarter. The UAE was no exception, recording a 6% decline on the year.

However, the total demand for gold jewelry and bar and coin investment had a less negative effect, 3% below 2009.

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