jordan pulse -
The head of the Syndicate of Jewelry and Jewelery Shop Owners, Rabhi Allan, expected an improvement in the movement of gold sales during the next few days by citizens in local markets, with the rise in global gold prices.
In a statement, Allan expected an increase in sales movements due to the rise in gold prices globally and locally, with the aim of achieving financial profits.
Regarding the possibility of there being a further rise in gold prices; Allan stressed that it is difficult to predict future political events, which currently control gold prices, and therefore it is difficult to predict what gold prices will lead to in the coming days.
On Friday morning, gold recorded a new “historic” record, exceeding all expectations.
Allan attributed the reasons for the rise to political fluctuations in the world, including the Iranian threat to Israel and its repercussions on the region.
According to Alan, the commercial movement in the Gaza Strip has witnessed during the last period weak demand and supply for gold in the local markets since the beginning of the Zionist aggression on the Gaza Strip and passing through the blessed month of Ramadan.
Allan also suggested that supply and demand in local markets may witness improvement with the approach of summer and the start of the anticipated wedding seasons.
This change is due to the expectation of demand recovery; According to Allan, the wedding season will begin during the summer, as demand for gold is expected to reach a significant peak after the end of Eid Al-Adha. Especially with the beginning of school and university holidays, and the return of expatriates, which enhances the activity of the gold market.
The price of a gram of 21 carat gold, yesterday, Saturday, reached 47.2 dinars for the purpose of selling to the buyer from goldsmiths’ shops, compared to 45.2 dinars for the purpose of purchasing from the customer.
According to the bulletin issued by the General Syndicate of Jewelry Shop Owners, the price of one gram of 24- and 18-karat gold for sale from goldsmiths’ shops reached 54.2 and 42.2 dinars, respectively.
The price of the Rashadi lira, weighing 7 grams, was 335 dinars, and the English lira, weighing 8 grams, was 382 dinars.
Allan urged buyers wishing to purchase to verify the details before purchasing gold at the expense of offers, by communicating with a committee in the via phone or WhatsApp, to verify the invoice, weight, caliber, and wages.
He reiterated the union’s emphasis on not dealing with websites “for whatever reasons” to ensure that they do not fall into fraud or tampering with the gold offered for sale, and to go to buy from licensed shops and request an official, stamped invoice when purchasing gold, which includes details of the caliber of the jewelry, the weight, the price per gram, the jeweler’s fees, and the total price. To preserve their rights.
alrai