almost 52 weeks high. The traders and market push it to an incredible pricing and no longer sustainable. If you pass any of the retail gold shops in the market, there are hardly any customers in the shop nowadays. How will the shops sustain its SAR costs especially on the exorbitant rental and labour costs?? We do understand the uncertainty around the economic environment around the world, most of them nations will use gold as safe haven assets. If there are not many transaction in the retail market, Is there a market for this previous metal. Good luck, Tigers.
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