Dakar Explore: Ryadh : Gold market - #Dakar2024
The fifth edition of the Dakar in Saudi Arabia promises to push man and machine harder than any of the previous ones.
More information:
https://www.dakar.com
https://www.facebook.com/Dakar
https://www.twitter.com/Dakar
https://www.instagram.com/DakarRally
#Dakar2024
© Amaury Sport Organisation - https://www.aso.fr
More information:
https://www.dakar.com
https://www.facebook.com/Dakar
https://www.twitter.com/Dakar
https://www.instagram.com/DakarRally
#Dakar2024
© Amaury Sport Organisation - https://www.aso.fr
Category
🥇
SportsTranscript
00:00 Let's walk a golden path through this precious market with Abdullah Banafa.
00:12 This market is over 40 years old.
00:15 It's very popular, but in the main, it's for wholesalers in the kingdom.
00:23 In terms of carat, there's some 24, 21, some 22.
00:37 Around 30 years ago, a gram of 21 carats cost 38 sar, or around 10 euros.
00:43 Today, more than 210 sar, or 52 euros.
00:47 That's a five-fold increase.
00:53 Depends on our client.
00:55 We Saudis traditionally prefer flashier jewelry, belts, headbands, crowns, etc.
01:01 Foreigners opt for finer things, small rings, bracelets.
01:05 But our market caters to all tastes.
01:10 This 21 carat set would suit a modest wedding.
01:14 It costs 8,000 to 9,000 sar, or over 2,000 euros.
01:18 It depends on your spending power.
01:20 This one is between 20,000 and 22,000 sar, or over 5,000 euros.
01:30 21 carat is real quality, and the prettiest.
01:38 It's more malleable to work with, which means you can create different designs in all sizes.
01:45 [music]
01:50 [music]
01:53 [BLANK_AUDIO]