Expectations of gold flows from the UAE to Syria

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21-6-2021

The head of the Damascus Goldsmiths Syndicate, Ghassan Jazmati, expected the return of gold from the Emirates to Syria, revealing that quantities of gold were brought in from Dubai via Beirut.

Jazmati said, “It is expected that good quantities of raw gold will be introduced after the return of air traffic between Syria and the UAE, which will facilitate and reduce the cost of entering gold.”

The price of a gram of 21 karat gold was 156 thousand Syrian pounds, and a gram of 18 karat was 133,741 pounds, according to the pricing of the Goldsmiths Association in Damascus.

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