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June 17, 2025. (Tuesday)

June 17, 2025
in Junta Diary
Reading Time:1 min read
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Due to the changing global political situation, the domestic gold price and the dollar price are showing signs of increasing. As Israel and Iran are firing missiles at each other in the Middle East, the global gold price has increased due to fears of war. Therefore, the price of gold in Myanmar has also increased to more than 80 million kyats per kyat (Myanmar usage). The price of gold has been stable at more than 60 million for a long time, but has now increased to more than 20 million kyats. The dollar price is also showing signs of increasing, but not as much as the price of gold. If the price of gold and the dollar rise, the price of goods also rises, so we have to watch.

 

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