1 Day
Source:
مصراوي
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Log Jewelry Purchases
The General Division for Gold and Jewelry called on gold traders in the governorates to document purchases of jewelry and bullion from members of the public using a “purchase form,” whether or not the original purchase invoice is available. The measure is intended to protect traders acting in good faith and reduce uncertainty about the gold’s source. The form records the seller’s details, the item, its weight and karat, its price, and the purchase date. It also includes the seller’s declaration that they own the item and the signatures of both parties, with the trader retaining a copy. At its meeting, the Division recommended submitting the form to the head of the Federation of Egyptian Chambers of Commerce, paving the way for the Federation to ask the Ministry of Interior to accept it when investigating reports involving jewelry suspected of being stolen or otherwise illicit.
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