Published on: Monday, May 03, 2021
By: Bernama
Bernama pic
Kuala Lumpur: Gold jewellery have long been coveted by women across the globe as it is thought to enhance beauty and femininity, in addition to being considered an asset of investment.
The Covid-19 pandemic did nothing to affect sales - if anything, purchasing trends for gold, especially online, have actually increased significantly in the country ever since the country went into the Movement Control Order last year.
The writer herself is intrigued with the idea of buying gold online, as it seems like a such convenient way to shop. One can easily browse available selection and purchase without the hassle of long queues.
Perpetual allure of gold 17 Dec 2020 / 11:21 H.
PETALING JAYA: Jewellers are raking in sparkling profits as the demand for gold continues to rise during the Covid-19 pandemic.
Many jewellery retail chains have reported unprecedented sales during this period as gold, which is seen as a hedge against inflation, retains its lustre.
Since the movement control order (MCO) was implemented in March, the demand for gold has skyrocketed.
The owner of the Kedai Emas Merchant9 in Kuala Lumpur, Nik Haniff Nik Hamid, saw a 100% increase in profits over last year.
He told theSun yesterday that although the market seems to be erratic with the price of gold fluctuating, many Malaysians continue to invest in gold .