Gazans turn to gold as hedge against financial uncertainty

https://www.africanews.com/2026/08/18/gazans-turn-to-gold-as-hedge-against-financial-uncertainty/

Palestinians buy gold at jewellery shops in downtown Gaza City, as the precious metal commodity in the war-torn territory is increasingly becoming their hedge against financial uncertainty

73 points · 5 comments · view on lemmy.world

5 Comments

merc@sh.itjust.works · 12 pts · 3d (1 reply)

I wonder how long it will be before Israelis are pulling the gold fillings out of dead Gazan bodies (if it's not already happening).

Nouvellalia@lemmy.world · 1 pts · 2d

They already use chemicals in their genocides from the same company that made zyklon-B. This would be fitting.

UnderpantsWeevil@lemmy.world · 11 pts · 3d
CanadaPlus@lemmy.sdf.org · 2 pts · 3d (1 reply)

It's weird that Africanews is covering this. And it seems unlikely uncertainty about which currency to trust is anything new there.

Tango@piefed.ca · 1 pts · 2d

Africanews covers global news too. Same way the BBC covers more than just Britain.