Gold prices around the world are skyrocketing and out of the purchasing power of common people, in such a situation, gold buyers in UAE have been offered amazing offers.
According to foreign media, rising gold prices around the world have affected this business to a great extent, in order to maintain commercial activities, gold jewelery has been offered for sale in installments in the UAE.
Gold jewelery is being sold in installments in the UAE gold markets and traders say that the trading of jewelery in installments is being done by consensus between the parties, keeping in mind three things.
The conditions on which gold jewelery is being given in installments include the first condition of the price of gold at the time of the deal, the second condition regarding the payment guarantee and the third condition is what will be the situation after paying all the installments.
In this regard, traders dealing in gold say that the continuous rise in gold prices has adversely affected the business from which this step has been taken to improve the business and it is hoped that jewelery on installments The offer will increase the purchase of gold.
A Saraf Ahmad Raza said that these days there is an atmosphere of competition among vendors in the gold market of the Emirates and offers to sell jewelery on monthly installments is the result, while another businessman Ibrahim Yasir says that some families save or And constantly buys jewelry for display. For such families, an installment deal is a suitable solution.
