15 Hrs
Source:
الصباح
Gold in Tunisia: from family wealth to aspiration
The article reveals a decline in the status of gold as a means of savings and security within Tunisian families, due to its significant price increase that has begun to hinder purchasing power, especially among middle-income households. Historically, gold was used as a small treasury and a financial reserve to be liquidated when needed; its connection to marriage was part of a savings culture, with parents buying gold when finances permitted and preferring to keep it for the future. Now, with gold prices soaring past 400 dinars per gram, purchasing gold has become a marked financial burden. Families have started canceling or reducing the amount of gold allocated for weddings, amid growing discussions about revisiting the traditional "bride's gold" customs. The article recommends adopting gradual savings methods and decreasing the quantities of gold required for marriage, emphasizing the need to adapt to the economic reality by reducing reliance on material displays. It also underscores preserving gold's role as a savings and emergency reserve to meet unexpected needs.
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