Women in Kaduna are rushing to sell their gold because of Naira Crash.

It has come to the notice of residents in Kaduna state that their women are reportedly storming the gold
sellers section of the Kaduna Central Market as the price of
gold has risen to N10, 500 as against the N8,000 old
price due to the continuous fall of the Naira against other
international currencies.
Daily Trust, had it that many of the women in the state
have over the last one week have started going to the gold sellers
section of the state main market to sell off their gold so
they can make some huge profits.
One of the gold merchants in the market. Rabiu Ismaila
Funtuwa, said the old price for selling was N8,200 while
buying was N9,000. He attributed the rush to sell gold to
the increase in the price of selling to N10,500 and buying
N13,500.
“We have received so many women in the market in
the past few days due to increase in the price for selling. I just hope they make good use of the money. If they are going to help themselves by buying houses or plots of land, it will go a long way in easing their problems and that of their families,”he said.
Well as we have seen the Naira Crash seems to favour others irrespective of the fact that it is affecting our economy adversely and we hope things will turn out for the better soon.