Sale of Portuguese gold means to address the global crisis

Sale of Portuguese gold means to address the global crisis

The global financial crisis has pushed some Portuguese to sell jewellery resulting in qualitative mlhohz market boom used gold in Portugal given because growing numbers of people that were forced by circumstances to sell jewellery in exchange for tens of euros for gold prices, which supplied to enable secure their necessary expenses during the month.

The global crisis has also had a profound impact on economic life after successive khsrathm and big but it was broad and significant impact in the lives of the traders in gold and all this was due to the economic crisis and lack of liquidity, some reports said that despite rising gold prices in the past 10 years, according to binhau but noted that Portuguese compared to other Europeans throughout Europe as long as they love gold jewelry nhadida jewelry made of gold grams.

The Director added the largest gold market in the Portuguese Rui binhau gold sector witnessed a boom last year actually increased mshriat company of gold three times and the year 2010 with the best in 20 years “as the company opened within two years more than 150 branches throughout Portugal.

Binhau says that Portuguese become perseverance during the past period selling jewellery and they don’t see any features of frequency, they face substantial debt burden, given the motivation increased austerity phase on Jan. 1, says “people with some of the jewelry for sale and then they make me to get the gold price, if appropriate approval ends the transaction receipt of money and go after it.”

Added value of sale ranging 20 to 25 euros for a small ring, and 750 to 1,000 euros to about 50 grams of gold and that the majority of customers are women between the age of 30.