PETALING JAYA: Malaysians are still flocking to jewellery shops despite the price of gold breaching the US$2,000 (RM8,383) per ounce threshold for the first time in global history this week.
Federation of Goldsmiths and Jewellers’ Associations of Malaysia adviser president Ermin Siow said demand had been bolstered by local retailers, who had been careful not to proportionately increase the gold retail price.
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