Friday, February 15, 2013

Jewellers see ‘reasonable sale’ last week


A drop in gold price and “February 14” celebrations have aided gold sales locally with Doha-based jewellers seeing “reasonable sale” in the last few days.

Gold closed at QR186 for 22-carat yesterday, down by almost QR4 compared with last week. 24-carat gold closed at QR199 yesterday compared with QR204 last week.

Ten tolas (116gm) were priced at QR23,200 at the close of business yesterday compared with QR23,800 last week.

Besides gold biscuits, bars and coins, diamond and pearl ornaments also saw buyers last week, an industry source said. However, finished gold jewellery had greatest demand across shops in the country.

“This is clearly due to the ‘February 14’ celebrations”, he said.

Read more: http://www.gulf-times.com/qatar/178/details/342230/-jewellers-see-%e2%80%98reasonable-sale%e2%80%99-last-week

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