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PETALING JAYA: It appears that Malaysians are not going for gold with the Malaysia Gold Association predicting almost a 30% drop in demand after the Goods and Services Tax begins.
SHANGHAI: China's demand for gold bars fell nearly 44% in the first quarter of 2014 from year ago, even as total gold consumption edged up about 0.8% during this period, the China Gold Association said on Wednesday.
GEORGE TOWN: The Penang Goldsmith Association (PGA) is projecting the export of Malaysia’s gold jewellery at an estimated RM6.7bil this year, up from an earlier forecast of RM4bil in March.
YOU CAN lend support to 15 students from the Generating Opportunities for the Learning Disabled (Gold) association by viewing their soon-to-be- exhibited artworks at Sunway Pyramid, in Petaling Jaya.
KUALA LUMPUR: The Malaysia Gold Association wants investment precious metals (IPMs) and jewelleries to be exempted from the soon-to-be implemented sales and services tax (SST).
SINGAPORE: China’s shoppers and investors lost their appetite for gold this year -- and there’s little expectation of any major improvement in 2020 as slowing growth and higher prices crimp consumer spending.
CASH might be king, but gold could again rule. Amid a struggling stock market, rising prices and uncertain prospects in the property sector, many Chinese people think that gold is the safest and most reliable asset.