New Tax To Hurt Gold Demand In Saudi Arabia And U.A.E.

Name: AGD Australia
Address: 11 Centre Pl, Melbourne, VIC, 3000, AU
Telephone: (03) 9650 8365
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The new value-added tax (VAT) to be introduced in Saudi Arabia and the United Arab Emirates in 2018 will negatively impact gold demand, according to the World Gold Council (WGC).