Interest in gold spikes


Looking for bling: A customer checking out a gold necklace at a goldsmith in Kuala Lumpur. — ONG SOON HIN/The Star

PETALING JAYA: With the approaching Chinese New Year, interest in gold is spiking as shoppers try to “dodge” the impending High Value Goods Tax (HVGT) slated for May.

Jewellers say despite the current high price of gold, many would be aiming to buy gold earlier as the item is tipped to be included in the new luxury tax list.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
gold , jewellery , HVGT , commodity , gold , tax

Next In Nation

Over 580,000 jobs advertised online in Q4 2025
Sabah eyes transition to green economy leader, says Hajiji
PPj offers 30% rental reduction for Putrajaya petty traders, hawkers
Fatal Sepat platform incident: Comprehensive probe underway, says Anwar
11 men charged with being members of organised crime group
PBS proposes bipartisan panel to support Sabah's 40% revenue share claim, other MA63 efforts
Cops to probe fatal lifeboat incident at Sepat facility
Govt to give focus to employment safety net amid global supply crisis
IWK’s Rise and Revive gets community moving for a good cause
Mechanic hit with three more firearms charges

Others Also Read