The domestic gold price continued to rise at the beginning of this month. Recently, the price has risen to about 5500,000 per kyat (Myanmar usage). The world gold price has fallen, but Myanmar’s gold price has never fallen. It is said that the owners of famous gold shops were arrested by the military council due to the exorbitant price increase. Aung Samadhi, Zwe Htet the largest gold shop owner in the country, have been issued arrest warrants. Those shops are shops that have opened many branches in big cities. Some have been arrested. The owners of the gold shops are a great treasure trove of money for the military council. Arrested unjustly. This is proof that no class is spared the hardships caused by the military council.
