Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., explains the factors that are propelling the country’s upward trajectory. With the right partner, investors can rest assured that their gold is purchased and stored in a safe but accessible place - enabling liquidity at all times. Last year, consumers across the nation purchased a collective 46.9 tonnes of gold; a 38% increase from 2021[1]. Approximately 2.80 million Indians live in the UAE; these expatriates comprise over 27% of the population[4]. Bas added: “Most people don’t understand gold market forces despite this asset being vital to the world’s economy and demonstrating an ability to appreciate far beyond industrial usage[10].

Source: Hindustan Times June 13, 2023 08:56 UTC