“The recent drop in gold prices on the Lao market has brought buyers out in droves to purchase gold jewellery while it remains cheap. According to gold shops in Vientiane, sale prices yesterday were at 5,060,000 kip (US$655) per baht-weight for gold jewellery – down about 500,000 kip per baht-weight on previous months. According to gold traders, large numbers of buyers have visited gold shops in Vientiane to purchase gold jewellery and bars as an investment. Some shops at the Talatsao Mall were stripped bare of all of their wares as a result of the gold rush.”
http://sg.news.yahoo.com/gold-rush-lao-prices-drop-060002085.html
(Visited 37 times, 1 visits today)
Related posts:
H.K. issues Vietnam travel warning after mobs torch Chinese factories
Al Qaeda militants flee Iraq's Abu Ghraib in violent mass break-out
Russia cuts Treasury holdings in half as foreigners lose appetite for US debt
Interest in BitCoin, Fledgling Electronic Currency, Grows
Ex-Fed chief Bernanke denied loan to refinance his home
Most Americans Don’t Know Bitcoin
Russia Rebounds, Despite Sanctions
State Department: Bradley Manning had ‘chilling effect’ on foreign relations
Ex-cop accused of groping women gets two-year sentence
New video shows officers standing by in hallway during Vegas mass shooting
Santa Ana Police Officer Shot, Killed Unarmed Homeless Man
German Tax Officials Launch Nationwide Raids With Stolen Swiss Bank Data
New UK Bitcoin exchange to bar US clients
Hacking ring made $100M trading by stealing corporate press releases
Tehran residents urged to flee ‘dangerous’ pollution