- To maintain market integrity, the Precious Metals Department enforces strict measures against unstamped or counterfeit gold. Inspection teams are dispatched to stores found in violation, with unstamped pieces seized and referred to the Prosecution Office.
- Counterfeit cases involving fake gold or copper-filled jewelry undergo lab verification before legal action is taken. The Ministry highlighted that the adoption of the new official stamp under Resolution No. 114 of 2021 has strengthened market regulation, alongside measures such as a comprehensive ban on cash transactions to reduce risks.
The Ministry of Commerce and Industry announced that a total of 59.391 tons of precious metals were stamped during the first seven months of 2025, generating fees estimated at 1.753 million dinars.
According to data from the Ministry’s Gold Department, operations peaked in April with 26.58 tons labeled, while January, February, and March recorded 3.22, 3.17, and 5.57 tons respectively. The remaining months included 12.79 tons in May, 3.92 tons in June, and 4.09 tons in July.
Silver topped the list of stamped metals, with 32,485 tons marked and fees totaling 324,920 dinars. Gold came second with 20.23 tons, generating over 1.018 million dinars in fees. Other categories included 2.55 tons of gold inlaid with precious stones worth 182,210 dinars, 1.3 tons of silver inlaid with stones worth 32,528 dinars, and one ton of gold inlaid with diamonds valued at 107,400 dinars.
Watches and accessories also accounted for a significant share of stamping. The Ministry reported that 0.05-sized watches totaled 708.9 kilograms, while stone-inlaid accessories reached 663.44 kilograms. Watches sized 0.1 amounted to 328.59 kilograms, stainless steel-ceramic watches to 15.8 kilograms, and silver watches with diamonds to 668 grams. Altogether, stamped watches amounted to 1.04 tons.
Other stamped items covered a wide range of materials, including titanium with diamonds, synthetic stones, diamond-set accessories, platinum, and diamond-set precious metals. The Ministry noted that approximately 15,260 pieces of plated accessories were stamped, generating 1.526 million dinars in fees. Additionally, 8,634 gemstone prayer beads were stamped, with fees of 4,317 dinars.
To maintain market integrity, the Precious Metals Department enforces strict measures against unstamped or counterfeit gold. Inspection teams are dispatched to stores found in violation, with unstamped pieces seized and referred to the Prosecution Office.
Counterfeit cases involving fake gold or copper-filled jewelry undergo lab verification before legal action is taken. The Ministry highlighted that the adoption of the new official stamp under Resolution No. 114 of 2021 has strengthened market regulation, alongside measures such as a comprehensive ban on cash transactions to reduce risks.
Meanwhile, local gold prices rose by 0.76% yesterday, with a gram of 24-karat gold reaching 36.885 dinars, compared to 36.605 dinars in the previous session. Prices for 22-karat, 21-karat, and 18-karat gold also climbed to 33.843, 32.307, and 27.691 dinars respectively, while the ounce reached 1,147.24 dinars.
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