Recycled Gold and Silver Meet Demand in Gaza’s Scarce Jewellery Market

Gold and silver jewellery have become increasingly scarce in Gaza’s markets amid the devastation caused by Israel’s war. Much of the stock still available has been recycled and produced locally.

The supply relies heavily on jewellery sold by owners struggling with harsh living conditions. Pieces once kept as adornments or savings are returning to the market as families part with their belongings.

Local recycling has become a way to meet demand, turning previously owned gold and silver into jewellery for sale. It now accounts for most of what remains available in the territory’s depleted markets.

The trade reflects the dual role of precious metals in Gaza: items worn for decoration can also serve as a financial reserve in times of hardship. Under the pressures of war, those reserves are being sold and reshaped for new buyers.