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Saturday, September 15, 2018 7:04:53 AM
« ... The price of gold has reached a record high of about 996,500 Kyat per tical on 14 September, thanks to the rising US dollar exchange rate, according to a report in the Global New Light of Myanmar on 15 September.
According to the markets the global gold price stands at US$1,206 per ounce at present.
According to local media the US dollar exchange rate started to increase from the second week of August and went over 1,500 Kyat per dollar. At the moment, one US dollar is 1,557 Kyat in the local currency exchange market.... »
http://www.mizzima.com/business-domestic/myanmar-notes-record-high-gold-price
http://www.worldometers.info/world-population/myanmar-population/
If there is a further escalation of any of the trade wars... eventually the Price of GOLD will POP imho
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