AngloGold targets the Saudi gold market to boost exports

"...According to Thero Setiloane, executive officer, marketing, AngloGold, who visited Saudi Arabia to get first-hand information on the gold market, there is a tremendous capacity for growth in the gold market as per capita consumption of gold in the Kingdom is one of the highest in the world. "The per capita gold consumption in Saudi Arabia is about 5 to 7 grams, which is much more than in some other countries," he said..."

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Courtesy - khaleejtimes.com