Jewelers’ explanations and oversight questions as gold price gap stirs anger - Enab Baladi

Jewelers’ explanations and oversight questions as gold price gap stirs anger - Enab Baladi

Enab Baladi, Odai al-Haj Hussin Global gold markets are seeing sharp swings and record highs, while Syrians are left baffled by how quickly local prices rise when global prices climb, and how slowly they fall when the on screen global price drops. This gap is not just numbers on paper. It has turned into daily frustration inside gold shops, where people ask: Why does gold fall globally but not locally at the same pace? And why do some jewelers r…