The General Commission for Precious Metals in Syria issued a circular today, Tuesday, prohibiting the sale of gold jewelry via social media. This decision aims to protect citizens' rights and regulate the profession of manufacturing and trading gold jewelry.
Sales Restricted to Licensed Stores
The Commission clarified in a statement that the decision ensures the safety of buying and selling operations in accordance with adopted legal procedures. Accordingly, the sale of gold jewelry is exclusively limited to duly licensed stores.
Sales Mechanism and Official Invoices
The Commission stipulated that sales operations must be conducted with approved official invoices and in accordance with its issued instructions and decisions. It also warned of legal action against those who violate these instructions.
New Regulatory Measures for the Gold Market
This circular comes within the context of new regulatory measures for the gold market in Syria. The Syrian Arab News Agency quoted Bassam Al-Salloum, a member of the Commission, as saying that the Ministry of Economy and Industry issued a decision to establish a special enforcement unit for goldsmiths' markets.
Intensifying Inspection and Controlling Violations
This step aims to equip vehicles for conducting supervisory patrols in various governorates, with the goal of intensifying inspections and performing precise checks on markets. Local committees will also be formed to monitor professional work and control violations.
Gold Prices Today in the Syrian Market
The price of one gram of 21-carat gold in the Syrian market recorded 17,750 Syrian pounds for selling and 17,450 Syrian pounds for buying today, Tuesday. Meanwhile, the price of one gram of 18-carat gold reached 15,200 Syrian pounds for selling and 14,800 Syrian pounds for buying, according to the Commission's bulletin.
Keywords
- Syrian Economic News
- Syria
- Gold Prices
- General Commission for Precious Metals
- Gold Jewelry
