Details of the standard are being released at this week’s annual World Islamic Banking Conference in Bahrain.
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- The bottom line is that gold is set to get a major boost in demand from 25% of the world’s population who are part of the Islamic faith.
- The world gold council estimates the boost could be as much as 500 to 1000 tons, which would make the Islam religion a major factor in gold price discovery for decades to come.
http://moneytalks.ne...-for-islam.html
Author's chart with projected rally from the news....
Edited by Russ, 06 December 2016 - 04:05 PM.
