Beirut, Lebanon – The recent sharp fluctuations in gold prices, which have ranged from $4,600 to $5,595 per troy ounce, have left jewellers like Simon Bouri and Aziz Arida bewildered. In Lebanon’s ongoing economic crisis, gold is viewed as a safe investment, yet the volatility has impacted business, causing hesitance among jewellers to buy. Analysts are divided on the causes, with some predicting continued price increases. The situation reflects broader geopolitical uncertainties affecting the market.
