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Monday, 15th August 2005 (6924 views)

The Malaysian company, Habib Jewels, ends its mega sale on August 31st and expects to have done a roaring trade by then.<br/><br/>It expects the 'Queen's Heart' diamond collection to be the drawing point but plentiful gold is also on offer.<br/><br/>Assistant manager, Badrul Hisham Kamarudin, reported sales totalling RM6million (£880,000).<br/><br/>"During the mega sale, gold jewellery will be sold at RM55 [£8] per gram, after a RM4 [60p] discount," he told 'StarBiz'.<br/><br/>The collections are expected to sell to couples marrying in the next few months.<br/><br/>Although Malaysia does not have as high a gold demand as other Asian countries such as India, the world's largest gold jewellery consumer, gold is important there.<br/><br/>Many people in Malaysia descend from the Chinese and have elaborate wedding ceremonies such as the Peranakan.<br/><br/><br/><img alt="track" src='http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15023259'/>© Adfero Ltd

 

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