Saudi Arabia’s gold markets are seeing a spike in demand as Eid Al Fitr approaches, particularly in Jazan, where jewellery sales have increased dramatically. Shoppers are flocking to gold souks, eager to buy ornate designs and investment pieces for the festive season, leading to higher prices.
Gold remains a traditional gift for Eid, especially among families celebrating weddings, engagements, and special occasions. Jewellers report that 22-karat and 24-karat gold are the most sought-after, with many opting for customized designs. The rush has pushed prices to their highest levels in months, reflecting global market trends and local demand.
