The most purchased women … and alloys are selling selling

In light of the rise in gold prices, driven by investors towards safe assets, in light of the escalation of trade tensions between the United States and China.
An expert confirmed during his talk to “Today” that gold still maintains its great attractiveness among the Saudis, whether in terms of decorations or investment.
While women acquire the largest share of, the alloys are witnessing remarkable growth as a stock of value, in light of economic challenges and global fluctuations.

Buying gold inside the local market

The expert in the gold trade, Salem Al -Sayari, explained that women represent the largest segment in the purchase of gold inside the local market, whether for the purpose of decorations or as a kind of long -term savings. He said: “Despite the change of some habits, gold is still an important symbol for Saudi women, whether on occasions or valuable gifts.”
He pointed out that the decorated golden artifacts, such as Gulf kits, rings and bracelets, are witnessing a seasonal popularity, especially in periods of holidays and social events.

The alloys are attentive in terms of value

Al -Sayari added that the gold alloys are witnessing a rise in demand in recent years, especially by the youth and businessmen who search for safe investment, away from the fluctuations of other markets.
He said: “The alloys have become the preferred choice for those who wish to keep the value of his money. With the increasing financial awareness, we are witnessing a growing trend towards buying raw gold in the form of alloys to use it as investment assets or even as a personal precaution.”

Market trends between decorations and investment

And Al -Sayari indicated that the market is clearly divided into two parts: a category looking for gold for decoration, which is the women’s majority, and another category that deals with it as a financial tool, and they are mostly men, adding: “Despite the high price of gold globally, the local turnout has not decreased, but rather became more aware and planning.”
He pointed out that the increasing trend towards investing in gold has strengthened from alloys sales compared to golden artifacts, as the returns and stability are the main factors behind the purchase decision.