Gold is the highest price in history in Syria

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The price of one gram of gold soared in Syria, recording its highest price “in history”, despite the start of a decline in its prices in the global market.The price of a gram of 21 carat gold rose today, Thursday, recording a price of (129 thousand and 609 Syrian pounds) as a purchase price, and (131 thousand and 193 Syrian pounds) a selling price, by an increase of 5 thousand pounds from the bulletin of gold prices in Syria yesterday, Wednesday, where yesterday the gold prices were recorded. 125,000 selling price and 124,000 buying price.

Head of the Goldsmiths and Jewelry Association in Damascus, Ghassan Jazmati, commented that the current price of gold is the highest in the country’s history, indicating that the price had not reached this level of high before.
Jazmati revealed the decline in gold sales during the recent period to 20% compared to the same period last year, indicating that the current sales movement in the markets and the stamp does not exceed one kilogram.In his interview with the pro-Al-Watan newspaper yesterday, Wednesday, he justified the rise of gold to its high price, in order to agree with the bulletin of foreign exchange rates and the adoption of a “average price” close to the one in effect in neighboring countries to limit its smuggling abroad, and the sharp decline in social events due to the outbreak of the Corona pandemic He put it.

On the other hand, the price of gold on the global stock exchange recorded a remarkable decline yesterday, as the price of an ounce of gold fell dramatically yesterday, to be traded in today’s transactions within the range of $ 1878 an ounce.

Gold prices witnessed a 350% rise since the beginning of this year until the fourth quarter of it, as gold prices began in 2020 to rise in its prices, recording a price of 33 thousand for the selling price. Increase remarkably gradually over the past week.

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