The rise in the price of gold to new highs has induced similar movements in the share prices of a number of gold-related counters on Bursa Malaysia, although analysts believe a correction may be due.
World News - PETALING JAYA – With Chinese New Year around the corner, interest in gold is spiking as Malaysian shoppers try to “dodge” the upcoming luxury tax slated to be implemented in May. Jewellers say despite the current high price of gold, many would be aiming to buy. Read more at www.tnp.sg
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.