The Royal Mint Taps into Growing Demand for Gold Products Among Muslims
March 16, 2023
The Royal Mint has launched a new gold bar ahead of Ramadan, in a move to tap into the growing demand for gold products among Muslims during the religious holiday. The 20g bar features the Kaaba, a site considered by Muslims to be the most sacred on Earth, and was created in consultation with the Muslim Council of Wales and designed by Emma Noble.
Ramadan is a time of fasting and spiritual reflection for Muslims, and it culminates with Eid al-Fitr, a celebration of family and community. During this period, many Muslims give gifts of money or gold to loved ones, and the new gold bar from the Royal Mint is designed to cater to this tradition.
Andrew Dickey, Director of Precious Metals at the Royal Mi...