World Gold Board: 74% of individual buyers from Asia and the Middle East

China, India and the Middle East account for 74% of the purchases of individuals worldwide, which was one of the engines who supported gold during the last period, and the rest of the year is expected to continue as a result of the world economy uncertainty, Andrew Nilor, head of the Middle East of the World Gold. He explained in an interview with “Al -Sharq” that the purchases of the central banks that supported yellow metal prices were the purchases of the central banks that represent a quarter of the global demand for gold. The second source of question was one of the investment institutions and funds distributed in gold. Nilor believes that the long -term influence on gold prices comes from the transition of the draft law increasing the US debt, increasing the fear of high levels of deficit for the United States and doubts the ability to bear debt services.