Posted on May 9, 2024

The exports of Malaysian-made gold jewellery are expected to grow by at least 15% this year compared with 2023.

A financial advisor said the US Federal Reserve (Fed) is unlikely to raise interest rates this year, which would make it easier for investors to borrow and hold on to gold for a long period.

In 2023, Malaysia exported RM7.7bil worth of gold jewellery products compared to RM7.39bil the previous year.

From January to February 2024, Malaysia exported RM1.29bil worth of gold jewellery products compared to RM1.09bil in the same period of 2023.

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