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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

gold , jewellery , profit

   

Next In Aseanplus News

Civilians killed and many suffer injuries after junta airstrikes hit hospital in Myanmar town
Cambodia govt says temperatures to reach 42 �C in country, highest seen in 170 years
Brunei King to attend bilateral meeting with Thai PM
FBM KLCI rebounds to hit fresh two-year high
Lao weather bureau warns against outdoor activities amid soaring temperatures
'Lucky to have him': Australia mourns refugee guard killed in Bondi attack
Japan to levy big fines with new app rules
Thailand signs mutual visa-waiver agreement with Kazakhstan
Motor racing-Hulkenberg to race for Sauber and Audi in F1 from 2025
Kenya Airways accuses Congo of harassment over detained staff

Others Also Read