10:24 PM
Tuesday, January 24, 2023
Books – Moataz Abbas:
Hani Gayed, Head of the Gold Division, commented on what was raised about the presence of adulterated bullion in the markets, saying: “We warned against selling and trading gold through social media for some bullion called “baladi bullion.”
And “Jed” added, during a phone call to the “Hazrat Al-Citizen” program, broadcast on “Al-Hadath Al-Youm” channel, that “baladi bullion” has problems, as it is alloys made of old gold and enters into transactions between merchants and manufacturers, because a process occurs on them. Recycling and refining in order to be traded and sold to the consumer in the form of gold bars or artifacts.
He stressed that the ingots have special specifications, the most important of which is that they are stamped by the Department of Stamps and Scales, that they are from a well-known and reliable company, that they have a specific caliber, and they have an invoice and the payment of the due fees and taxes, stressing that what is happening is commercial fraud, and citizens should be careful.
(embed)https://www.youtube.com/watch?v=egjyL24ef8c(/embed)
