High goldsmithing fees in Latakia ...Syria

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High goldsmithing fees in Latakia
Latakia – Linda Ali Sanaa (38), a government employee in Latakia, paid about 600,000 Syrian pounds as a goldsmithing fee for a small ring weighing 3.47 grams of 21-karat gold, which she bought at the beginning of this year when the price of a gram of gold was 800,000 Syrian pounds. She turned to buying the ring with a money transfer sent by her brother in Iraq as a New Year’s gift. Fearing to spend it all on endless household needs, she decided to purchase the small ring “for a time of need.” What also drove her to this decision is that the value of the Syrian pound compared to the US dollar is deteriorating and may drop further at any moment. Currently, one dollar is equivalent to around 14

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