Gold Rush From Dubai to Istanbul Drains Supply as Premiums Jump

Gold Rush From Dubai to Istanbul Drains Supply as Premiums Jump

Kerem Uzel/Bloomberg

Gold bangles sit on display at a jewelry store in the Grand Bazaar's gold souk in Istanbul. Consumer demand for jewelry, bars and coins in Turkey and the Middle East represented about 9.4 percent of the global total last year, according to the World Gold Council.