Rising gold price a bane for Indians


Compiled by JUNAID IBRAHIM, CHOW HOW BAN and R. ARAVINTHAN

WITH gold jewellery and accessories being a mainstay during auspicious Indian events such as weddings, the high price can become a huge burden for families, Malaysia Nanban reported.

Last Friday, the price of gold hit RM360 per gram in gold shops. Many feel that the price will keep going up with no indication of coming down.

The wedding season generally starts after the Tamil month of Chittirai at the end of May.

It is not customary for Tamils ​​to conduct auspicious events in the month of Aadi, which starts on July 17.

Many families will be busy completing auspicious ceremonies such as weddings during this period and their fear is that gold prices will continue to rise during this important time.

> The daily also reported that a man in Tamil Nadu, India, killed his lover’s young son and seriously injured another as they were getting in the way of their dalliance.

Police investigations found that the 24-year-old woman named Priya was having an affair with lorry driver Venkatesan, 27, who lives next door.

Authorities then arrested him for investigation.

The above articles are compiled from the vernacular newspapers (Bahasa Malaysia, Chinese and Tamil dailies). As such, stories are grouped according to the respective language/medium. Where a paragraph begins with a, it denotes a separate news item.

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