Saudi Markets Thrive During Hajj Season

Every year, the markets in Saudi Arabia experience a surge in visitors during the Hajj season, as pilgrims seek out mementos and gifts to commemorate their once-in-a-lifetime journey. The gold market, particularly in Makkah, Madinah, and Jeddah, flourishes with a wide array of intricate designs, catering to various jewelry preferences, from traditional to modern styles.

Gold is considered a popular investment choice, especially among Asian and African pilgrims, who find the quality and affordability of gold jewelry in Saudi Arabia superior to that in their home countries. The rising price of gold reflects the increasing demand and investment allure of this precious metal among pilgrims.

Aside from gold purchases, the market for Hajj souvenirs offers a diverse range of items featuring Islamic motifs. Handcrafted goods like calligraphy art, prayer beads, and intricately designed prayer rugs serve as tangible reminders of the sacred pilgrimage undertaken by the pilgrims, making them meaningful gifts for loved ones back home.

During the Hajj season, traders anticipate a rise in gold sales, with rates for 21-carat gold expected to range between SR250 to SR254 per gram, and SR267 per gram for 22-carat gold. The Ministry of Commerce has deployed inspection teams to ensure a safe shopping experience for pilgrims, conducting numerous visits to commercial establishments and centers in Madinah.

Pilgrims from various nationalities have shown a keen interest in unique souvenirs available in the markets, such as personalized perfumes, organic Miswak with modern packaging, and a wider variety of toys including Islamic quiz flash cards and toy laptops containing the Qur’an. The demand for distinctive souvenirs like silverware, precious stones, intricately crafted jewelry, handwoven textiles, and personalized prayer mats remains high among pilgrims.

As the Hajj season unfolds in Saudi Arabia, the bustling markets offer pilgrims a rich tapestry of gold jewelry and meaningful souvenirs to cherish their spiritual journey. From intricate designs in the gold market to handcrafted Islamic artifacts, the shopping experience during Hajj is not just about transactions but also about preserving memories and sharing the essence of the pilgrimage with loved ones.