Editor’s Note
This report on gold prices in Syria is based on official figures from the Goldsmiths Association. The stability noted here follows the country’s recent currency change.
Damascus, Feb.23 (SANA) – Gold prices in the Syrian market remained unchanged on Monday at levels recorded on Saturday, with 21-carat gold priced at 17,000 Syrian pounds per gram under the country’s new currency.
According to the pricing bulletin issued by the Goldsmiths Association, 21-carat gold was set at 17,000 pounds per gram for sale and 16,650 pounds for purchase.
The price of 18-carat gold stood at 14,550 pounds per gram for sale and 14,200 pounds for purchase.
The association urged goldsmiths to adhere to the official pricing and display it clearly at their shops.
The General Authority for the Management of Precious Metals, through its affiliated goldsmith associations, issues daily price lists and monitors compliance in an effort to regulate the domestic market, maintain stability and prevent price manipulation.