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Iraq: Gold sales on the rise
Posted: 23-02-2005 , 14:49 GMT

According to <i>Alarabiya</i>, the sales of gold products in Iraq have been grown due to the relative improvement of the economic situation. They were also boosted by the many Iranians who visited Iraq recently.


An Iraqi owner of a gold shop said that there is new atmosphere in the market. He noted that the improvement of the economic situation is the major factor behind the increase in sales. According to him, the purchase of gold is not restricted for weddings and many Iraqis also buy gold to exchange gifts with family and friends.

Another owner said “we have many customer from Iran, especially who come to visit the holy places in Kathemiya. They like the quality of the Iraqi gold.

© 2005 Mena Report (www.menareport.com)

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