Chambers of Commerce Denies Stopping of Buying, Selling Gold in Local Markets

Eng. Ibrahim Al-Araby, head of the General Federation of Chambers of Commerce, denied what is being circulated on some social media sites about the suspension of the movement of the local gold markets “buying and selling”.

Al-Araby stressed that the documents circulated in this regard have nothing to do with the chambers of commerce.

Al-Araby added that the news circulated in this regard is completely untrue, and affirmed that no government or private instructions have been issued to stop the movement of the markets and that the purpose of these rumors is to destabilize the gold market.

The head of General Federation of Chambers of Commerce explained that the chambers of commerce have monitored a series of attempts during the past period to float a number of rumors about the various commodity sectors to cause confusion in the markets.

He indicated that the commercial movement is proceeding according to its normal rates in various sectors with the availability of all kinds of commodities in the markets.