10.8 TONS OF JEWELRY WERE BROUGHT IN KUWAIT IN NINE MONTHS

  • 02/11/2022

Kuwait City: According to the World Gold Council, the demand for jewelry in Kuwait has increased in the first nine months of this year. Compared to 10 tonnes during the same period last year, this year there has been an increase of 10.8 tonnes. There is an increase of eight percent on annual basis. Total demand for coins in the country increased by 22.22 per cent to 3.3 tonnes in the first nine months to September 30.


This jump is compared to 2.7 tonnes in the same period last year. In the third quarter of this year, demand for jewelery in Kuwait increased by 37 per cent year-on-year to 4 tonnes. As compared to 2.9 tonnes in the same period last year, demand for jewelery has grown by 5.26 per cent on a quarterly basis. It was 3.8 tonnes in the second quarter of 2022. Meanwhile, Kuwait's gold demand rose 11.81 percent to 14.2 tonnes in the first nine months of this year. It was only 12.7 tonnes during the same period last year.

Related News

Kuwait population increases every 5 minutes
  • 03/02/2025
Kuwait Stabilizes Market Ahead of Ramadan
  • 29/01/2025
Kuwait Arrests Egyptian Expat for Forging Medical Documents
  • 29/01/2025
Kuwait Ministry of Education Cuts School Bag Weight by 50%
  • 27/01/2025
Security campaigns in Jleeb and Ahmadi
  • 27/01/2025
Kuwait introduces new housing standards for workers
  • 26/01/2025
2 Young Men Killed in Saad Al-Abdullah Car Crash
  • 26/01/2025
Women’s Health Index: Kuwait ranks 1st in Middle East, 2nd ...
  • 26/01/2025
Kuwait Announces 3-Day Holiday for Isra Wal Miraj
  • 25/01/2025
Kuwait Grapples with Diabetes
  • 25/01/2025
Kuwait's Revised Traffic Law to Take Effect on April 22, 202 ...
  • 24/01/2025
Kuwait Taps Turkish Company Proyapi for Railway Project Desi ...
  • 24/01/2025