Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Precious metals checks in Kuwait generate KD 308,600
    Precious Metal

    Precious metals checks in Kuwait generate KD 308,600

    January 3, 20262 Mins Read


    KUWAIT CITY, Jan 3: Approximately 455 kilograms of precious metals were inspected in November 2025, generating over KD 308,600 in inspection fees. According to statistics issued by the Ministry of Commerce and Industry, the inspected metals included six types: gold, silver, gold set with precious stones, silver set with precious stones, and other metals. Official ministry data showed that around 213 kilograms of gold were inspected in November, generating more than KD 106,000 in fees, along with 149 kilograms of silver inspections, which generated KD 149,000.

    Also, approximately 28.1 kilograms of gold set with precious stones were inspected, generating KD 19,800 in fees, and 12.8 kilograms of gold set with diamonds, generating about KD 13,000 in fees. The statistics also highlighted the inspection of 21.7 kilograms of silver inlaid with precious stones, valued at KD 5,400, and 29.7 kilograms of other metals, valued at KD 14,000, in addition to 4.4 kilograms of plated accessories, valued at KD 448, and 1.6 kilograms of prayer beads, valued at KD 837.

    In November, the Ministry of Commerce and Industry issued 441 promotional advertisements. Of these, 31 percent were for free gift distributions (136 transactions), 27 percent were emergency seasonal offers (119 transactions), 24.3 percent were sales promotions (107 transactions), and 10.7 percent were discounts on goods, services, and crafts (47 transactions).

    The ministry also issued 31 special offers for cooperative societies and supermarkets during the month, representing seven percent of all promotional advertisements, in addition to one special offer for retail stores. The statistics included 64 real estate transactions. Among these, 29 transactions were for renewing a real estate brokerage book, representing 45.3 percent of all real estate transactions.

    Furthermore, there were eight transactions each for issuing a brokerage book, requesting the renewal of a real estate broker ID, and requesting the issuance of a real estate broker ID, representing 12.5 percent each. The remaining 11 transactions covered other real estate matters. The statistics also included eight requests for issuing a new license to practice as a real estate appraiser and one request for renewing an existing real estate appraiser license

    By Marwa Al-Bahrawi Al-Seyassah/Arab Times Staff



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Silver crashes 24%, gold slides 9% in sharp MCX futures sell-off

    Precious Metal

    Silver plunges amid forced liquidation, USD strength pressures

    Precious Metal

    XAU/USD corrects lower with $5,000 on the bears focus 

    Precious Metal

    Why Silver Price crashed today? Explained

    Precious Metal

    Copper prices hit a record high. Why a blowup could be coming soon.

    Precious Metal

    XAU/USD traders cash in as Trump set to announce Fed Chair pick

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    West Berkshire Council to ‘reassess’ property investments

    Cryptocurrency

    $100M In Crypto Shorts See Flush As BTC Breaks $63,000

    Cryptocurrency

    Why Is The Crypto Market Down In 2024? – Forbes Advisor INDIA

    Editors Picks

    MSc Real Estate Development (2026 entry)

    March 31, 2023

    Quatre mois après son entrée en Bourse, Younited rachète la néobanque Helios

    May 16, 2025

    Wolverhampton residents back pilot to cut energy bills

    October 8, 2025

    Dow, S&P 500, Nasdaq hit pause as hot PPI inflation data cools rate-cut rally

    August 14, 2025
    What's Hot

    Emir Sanusi reveals factors hampering Nigeria’s agricultural sector

    October 8, 2025

    Five Indian AI Startups That You Must Know About

    October 9, 2025

    Gold Prices Tumble 2.6% as U.S.-China Tariff Deal Shifts Risk Appetite

    May 13, 2025
    Our Picks

    Modest Cocoa Surplus to Ease Record Global Shortage, ICCO Says

    February 28, 2025

    Farmers plan to boycott of 2025 Farmers’ Day over deepening agricultural crisis

    October 29, 2025

    Paypal becomes latest fintech to capitalise on Trump’s deregulation

    December 16, 2025
    Weekly Top

    Lifetime Isa retirement plan could be dropped by government in favour of a new home-buying Isa

    January 30, 2026

    2 Nuclear Energy Stocks for Explosive Growth

    January 30, 2026

    10 Best B2B Fintech SSO Solutions in 2026

    January 30, 2026
    Editor's Pick

    Dividend Stocks This Week: NTPC, ONGC, Oil India, Patanjali, Kalyan Jewellers In Focus | Markets News

    August 30, 2025

    Gold Stocks Are Surging. They Still Lag Behind Cold, Hard Bullion — Commodities Roundup

    October 17, 2025

    GM books $1.6B hit on EV investments amid US policy changes

    October 14, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.