Brisk sales at goldsmith shops ahead of Hari Raya

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KUALA LUMPUR: Scenes of long queues at jewellery shops have become a common sight across the country of late.

Apart from being worn for personal adornment, people are willing to queue up to buy the precious metal as a great form of investment.

Norsiah Ahmad, 38, when met in front of a goldsmith shop at the Keramat Urban Transformation Centre , said she planned to buy gold jewellery for her daughter and mother, using the money she had saved for several years working as a night market trader.Private sector worker Khairul Azmi, 42, when met while queuing up in front of a jeweller in a shopping centre, said apart from buying gold jewellery for his wife to wear, he would also buy 999 gold coins for saving and investment purposes.

"Gold is a good investment if the investors also have liquid assets such as savings that can be used during emergencies.

 

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