Unidentified Entities are Active in Buying Gold and Dollars in Large Quantities

Sudan Events – Rehab Abdullah

The media secretary of the Gold Merchants and Exporters Division, Atef Ahmed, has revealed that gold merchants monitored the entry of unknown parties buying gold in large quantities. Some suggested their relationship with the Rapid Support Militia (RSF) for the purpose of smuggling it out of the country, indicating that some indicated that the same groups are active in buying the dollar, and during his speech to Sudan Events, he called for Competent authorities to besiege these parties because they are working to smuggle the Sudanese economy.
The Sudan Events recorded a significant rise in gold prices, and Atef Ahmed attributed the rise in gold prices to the rise in the price of the dollar and the collapse of the value of the Sudanese pound due to the militia war.
Atef explained that the price of a gram of raw gold ranges between 106-111 thousand pounds, and prices vary according to each region.
While gold prices varied in the markets, the price of a gram in the Shendi gold market recorded 130,000 pounds and 160,000 pounds for sale, while its price in Port Sudan reached 110 pounds to buy and 150,000 pounds for sale, and in Kassala between 125,000 for sale and 95 for purchase, and prices also vary from one state to another and from one merchant to another, the price is determined according to the quantities sold. The larger the quantity sold, the higher the price, the higher the selling rates the smaller the purchasing rates.
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