The current year is the worst in the gold markets



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"This year is the worst of the gold market," said Captain Ghbadan Jazmati, president of the Association of Crafts and Jewelry in Damascus. "The deadlock seen in recent years is not justified by the rise in the price of gold locally, which reached 1,425 dollars, 2013, pointing out that the price of gold is affected by the world, so that any international crisis can increase its price.

Yesterday, the price of grams of gold increased by 100 pounds per gram to give one gram (21) 23,400 pounds. He did not confirm whether the price of gold would continue to rise to 24,000 euros, it is linked to the exchange rate and global crises, pointing out that the sharp increase locally caused by the decline in the price of the pound sterling in relation to the dollar, if the dollar remained the rate of 50 pounds The price of gold today is 2300 lire.

He pointed out that since the beginning of this month he has been trying to collect 5% of the value of gold as a consumption expenditure on each stamp, ie by charging 1,300 pounds for each gram of gold, while the craftsman previously paid 150 million pounds a month as a broken value in an agreement between the badembly. And the Finance Directorate in charge of consumer spending (200 to 500 pounds) depending on the type and quality of gold.

He pointed out that most of the artisans currently rely on the purchase of gold used, refurbished and sold to evade the payment of the consumption fee, noting that since the implementation of the question of the application of the fee on a gram and that no craftsman has presented to the Assembly, which, in his opinion, is dangerous. Opens the door to cheating and manipulation of gold and fraud by the decomposition of gold coins and the merger of other types of gold to avoid paying these fees so it makes sense to win the artisan less than what will bring him money, wondering: The gram while he beats the price on the gram 700 pounds.

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