Gold Trade: Sales and prices temporarily halted during market shifts

Some jewelry stores have temporarily stopped selling and pricing gold due to its prices dropping to their lowest levels. This measure aims to avoid losses caused by the sharp market fluctuations. The Vice President of the Gold Division at the Chamber of Commerce confirmed that this decision reflects traders' desire to protect their capital and steer clear of damages amid price volatility. He added that this behavior is limited to temporary precautionary measures until the market stabilizes and normal trading resumes.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article