Pilgrims rush to buy gold

Sally

Gold Member
Mar 22, 2012
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It appears that gold is very important to possess in the Middle East as well as Southeast Asia. If you have to flee to someplace else, it is certainly easier to take your gold than your home. That is also why precious stones are popular too.

Pilgrims rush to buy gold

Pilgrims who have completed the Haj pilgrimage are flocking into downtown Jeddah, a major commercial hub, to buy gold.
Business is brisk at the gold market and in Kandarah, while many pilgrims will be traveling to Madinah before heading home.
Sales are on the increase thanks to a decline in gold prices and an increase in the number of designs, according to traders.
Gold prices have dropped to a 15-month low of SR138 per 22-carat gram and SR129 per 21-carat gram.

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