'Gold is for difficult times': Kuwaitis seek safety in precious metal

Concerns about the potential fallout from a war with Iran are driving a gold-buying spree across Kuwait, as investors seek to protect their wealth in uncertain times. The Gulf state's gold market has seen a significant increase in demand in recent weeks, with many Kuwaitis turning to gold as a safe-haven asset in the face of regional tensions. The appeal of gold lies in its perceived value as a store of wealth and its ability to retain its value even in times of economic uncertainty. As the situation with Iran continues to escalate, the demand for gold is likely to remain strong, with many investors seeking to hedge their bets against potential market volatility.