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Influenced by the country's parliamentary rule out the volatility of gold prices
On: Saturday 02/25/2012 7:10
Baghdad / range
denied a member of the Economic Committee in the House of Representatives Qusay Fri affected Iraq fluctuations in the price of gold in world markets because it has a large reserve of gold and jewelry.
Juma said, according to the Agency (news): The rise winning the gold price on world markets is the result of economic crises witnessed by some of the world which led to increases in food prices and commodities in general are affected by being with each other.
He said Friday: that Iraq has a large reserve of gold, both at the level of traders or amateur gold from the citizens, which led to a process of balancing the issue of supply and demand.
He had expected a member of the Committee of Economy and Investment parliamentary Nora Salem high price of gold during the current year result of the global economic crisis .
said Salem in an earlier statement (the news): The current year will witness a remarkable increase in the price of gold globally as a result of the economic crisis that has hit America and Europe that led to instability in the prices of materials and goods in international markets, saying: that the price of gold will go higher.
little that the global markets during the current high price is rising gold prices has made citizens afraid of high price in local markets.
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