TAIPEI (TVBS News) — Traditional wedding gifts might become more expensive for Taiwanese newlyweds, as the price of gold surges.
Gold accessories are traditional gifts in Taiwan weddings, as the precious metal remains a value-preserving investment commodity.
Yet, the price of gold has been fluctuating a lot in recent weeks, according to experts. They believe that the price of gold might go up again next year, even though the future is full of uncertainties.
Since the beginning of this year, the price of gold has been impacted by the Russian-Ukrainian war, the surge of inflation, and interest rate hikes.
