How higher gold prices are affecting zakat calculations this Ramadan - Al Jazeera
Gold
Higher gold prices are affecting zakat calculations, which can alter seasonal retail buying behavior in gold-heavy markets during Ramadan. If higher prices raise the cash-equivalent thresholds or change how households meet obligations, near-term physical demand may shift between cash and gold or change timing of purchases. This is more a physical-flow/behavioral read than a futures catalyst, but it matters for regional premiums and jewelry demand sensitivity. Monitor MENA/South Asia retail demand indicators and local currency gold pricing.