After a lengthy downturn, gold markets have been rejuvenated by the recent 30% drop in gold prices, bringing customers back to Qabil Street in Jeddah’s Al-Balad.
Hamid Al-Hasan, a shopkeeper at a jewelry shop in Al-Balad, said that the market is experiencing a long-awaited resurgence. When gold prices were much higher, African pilgrims were the main customers, Al-Hassan said, followed by the Indian expatriate community. Saudi customers were a rarity back then, except for those seeking to sell their old jewelry...............................................Full Article: Source
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