Laotians sell jewellery to take profit as gold prices surge


VIENTIANE, July 23 (Vientiane Times/ANN) - Many people in Laos are taking advantage of the current rise in gold prices to sell gold jewellery for profit, President of the Lao Gem and Jewellery Traders’ Association, Mr Phouvong Phamisith, told Vientiane Times on Wednesday.

The number of customers buying gold jewellery in Laos has declined, after prices of the commodity on the global market increase due to the impact of the Covid-19 pandemic, he added.

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