Alanya Markets Unusually Quiet Despite Gold Price Drop Ahead of…
Alanya’s usually bustling markets are experiencing an unexpected calm ahead of the significant Kurban Bayramı holiday. This silence comes despite a recent, substantial 20 percent drop in gold prices, baffling local jewellers and traders.
Historically, a fall in gold prices would stimulate increased sales, especially before major holidays when gifts and investments are common. However, local jewellers report stagnant activity, with turnover among the slowest observed in years, directly contrasting with expectations for a lively pre-holiday trade.
This downturn likely reflects changed consumer patterns among both the local population and Alanya’s many foreign residents and visitors. For tourists, the situation could present a buyer’s market for gold due to reduced prices, alongside a generally quieter and less crowded shopping experience in the city’s bazaars.
Kilde: Gazete Alanya
