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2026-11-02T10:27:49.000Z

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Record Citizen Purchases

Record Citizen Purchases

The General Division of Gold and Jewelry has called on gold traders in Egypt to document every purchase from members of the public using a purchase form, whether or not an original invoice is available. The aim is to protect traders acting in good faith from suspicion and help stabilize the market. The form records the seller’s details, information about the item, its price and the purchase date. It also includes a declaration that the seller owns the item, signatures from both parties, and a requirement for the trader to keep a copy. At a meeting on November 1, the Division recommended submitting the form to the General Federation of Chambers of Commerce, with a view to asking the Ministry of Interior to recognize it when reviewing reports involving suspected jewelry.

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