Gold prices in Myanmar have reached new highs in the wake of the COVID-19 outbreak. Domestic gold prices track global prices, which have surged of late as investors abandon riskier investments in favour of the safe haven asset. Gold prices in Myanmar are currently trading at a high of around K1.25 million per tical. U […]
Japanese demand for local gold trinkets on the rise
August 15, 2019 by
The Japanese penchant for certain gold and jewellery motifs with cultural significance have seen some US$33,000 worth of such items exported to Japan in the month of August to-date. According to the Yangon Region Gold Entrepreneurs Association chair U Myo Myint, the jewellery pieces, 46 in total, included gemstones embedded in gold. “This is the […]
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