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Alsumaria news" reveal "manipulation" of gold in Iraq (post for player)

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dealerdean


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Alsumaria news/Baghdad

Detection of retailers went on a "manipulation" of prices by shopkeepers, what tends to make its price in Iraq over its price in the region and in the world market, directly affects the individual retailers and citizens, stating that "the manipulation includes an ounce and transfers and wages.

The yellow metal, which is the base currency used by the International Monetary Fund and the Bank for international settlements "BIS", in addition to its presence in all ancient civilizations, such as currency or metal for coffins of Kings and their thrones, turning Iraq into a profit quickly and multiply, imported by dealers and then sold to retailers, to be sold to citizens in the markets for gold.

However, this process is not so simple, as much to hide under a brilliant gold colour, is not like other goods, imported here into a spiral of fictitious titles in order to reap more profits, begins the flight from Dubai where Iraqi traders go there to buy their wares, each dealing in cash or on credit, and after the completion of all accounts and receive the merchant for goods (Gold versus gold, in addition to wages not exceeding three dollars per gram), begin steps toward doubling its price.

"Gone for gold", means that the merchant takes 100 grams of gold, and drafted a uniform 100 grams of gold, "unbreakable", which used or damaged, and paying wages formulation 100 grams, calculated in dollars and PG, for example taxi per gram is $ 2, the result is a $ 200 fare amount listed.

One says gold sellers (singular), Mohamed Fayek for "alsumaria news" that "retailers, and invite them to the people, after buying gold from Dubai without any differences and additions to price, start to add here and doubling of wages under the slogan of many deceptive Goldsmith that the goods arrive at a high price," adding that "there was went to Dubai and shop them self-employed, having tired of the disastrous sentence" people's Bills.
The "titles starting differences, a novelty in Iraq after 2003 when entering the Gulf the gold, which means that the merchant takes the difference per gram of gold, if marketed him 100 grams, 100 grams will not surrender as in Dubai and all other places, but taking over 100 three g Amat or four, depending on his mood at that moment, this percentage is taken for reasons flimsy, that gold is not the caliber needed (Gulf and with goods imported by himself), Or that there are flaws with the quantity delivered, the weight will change after cleaning it.

"This difference by goldsmith and paid from profits, so it must be reckoned upon sale leading to high price", adding that "If this deal, it will say his sentence: I leave and go to another shop, the shop other similar to the first, and so on.

Faik, shows that "the first steps towards what he called" theft ", begins with the difference paid by the Goldsmith per gram for wholesale shop owner, a tax imposed on him".

He noted that "the sentence in Dubai do not require non-wage and their gold only without any other additives.

And the method of calculating the gold price based "ounce," which are subject to several calculations, since each State is divided into and extracted its price in local currency according to the price of an ounce in its time, but in Iraq added to the remittance fees, any transfer of gold into dollars and then convert the dollars into Dubai.

And the ounce unit of measurement of mass, equal to precious metals such as gold 31.10 grams called the English Troy Ounce, so divide the price per ounce in USD (which ranges from a while ago between 1330 and 1400 dollars) per ounce 31.10, and then hit the dollar, in Iraq, and then followed by other calculations, plus Tiger, a price of $ 10,000 to transfer outside Iraq.

Says Faik "price transfer, which added to the calculation makes the price of gold is very high, adding $ 50, for example, to the $ 10,000, and a kilogram of gold if equivalent to 40,000 dollars, the increase will be $ 200 a kilogram, adding that" tens of kilograms and not in small quantities.

"In return they add when the Tiger above the price of an ounce, if, for example, was priced at wholesale-1330-1335, this does not exist anywhere, not even in Dubai, they are there on the pretext of the market, rising and descending", stating that they "add this tiger and Tiger hawala, imagine the size of the addition.

And here demonstrates Faik "these plugins is not without other additions don't know their reasons, all go additional profits for the owners, and not accused nor I assault, but this fact, because Dubai is not a covert, treated by open to everyone, both goldsmiths knew the details."

For his part, between working on a wholesale shop in River Street "all taken from differences and transfers both in the sale or 12 pay a jeweler's discharge of debts is profit for the shop.

Mohammad Salman, after the wholesale retailers apologized on talk for security reasons, for "alsumaria news", "shop owner insists that takes required during the process of the transfer of gold, but it's actually an additional profit, it pays rent and salaries and electricity bills.

And that "everything that is going on inside the store and away from customers is one of the secrets of the shop, but what gets clear robbery leads to profits up sometimes to 40 thousand dollars in any goods brought", revealing that "in one month, the shop owner imports half of Dubai, then the profit is 80-100 thousand dollars per month."

Indicates that "Salman not only here but also to wage, which compounded continuously, which contribute to high price", stating that "wages up to the shop owner and is only three dollars, the price of the new models.

"Some models reach us cost only a dollar and half dollar, sold three or four dollars of Goldsmith, either model the three dollars it sold six or six and a half dollars," adding that "some models come mounted with large stones, which are outside weight of gold and no wages, sold here at wholesale wage owners is $ 8 per gram, with count small stones with weight of gold, which reach us outside the weight, all these additional earnings, or rather stolen."

In this regard, says Faik "some shame us with the citizen, because the stones with weight, we sell we are citizens too, and when we buy Unscrambling of gold, they formulated less than a shocking price tag."

"Some of the stones we sell with a weight of gold, we calculated the gold when purchased from wholesalers, so when you buy them you should take it out of the piece of gold and weigh only gold without stones.http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alsumaria.tv%2Fnews%2F82651%2F%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9-%D9%86%D9%8A%D9%88%D8%B2-%D8%AA%D9%83%D8%B4%D9%81-%D8%A7%D9%84%D8%AA%D9%84%D8%A7%D8%B9%D8%A8-%D8%A8%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%B0%D9%87%D8%A8%2Far



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