HomeNewsTunisian gold market remains stable despite drop in global prices

Tunisian gold market remains stable despite drop in global prices

The recent drop in global gold prices has had no significant impact on the Tunisian market, as it amounts to only a few dinars per gram, said the President of the Syndicate Chamber of Jewelry Merchants, Hatem Ben Youssef.

Speaking on Mosaïque FM, he added that gold prices have increased considerably compared to last year, but Tunisian markets are seeing low customer turnout due to declining purchasing power, unlike what is happening in Turkey or Algeria.

Regarding rumors about China producing a new type of gold, Hatem Ben Youssef clarified that this is not a concern as long as the metal remains real gold.

However, the potential risk lies in the market becoming saturated with this product.

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