The gold price has reached an all-time high of 1,435 US dollars per ounce, spurring more investors to put money down for it. However, not everyone is benefitting from this growth, especially for those who are finding it unaffordable as accessories for their wedding day.

Gold prices settled at a new record high to $1435 an ounce.

Many people sell their long-stored gold for some real cash at the moment.

But this is not good news for newly-weds to be as they now have to pay more money for gold accessories, such as gold necklace, earrings, and bracelets.

These accessories, weighing 2 taels, would cost 90,000 NTD last year but now they are priced at 110,000 NTD.

Betting on the gold market, investors with dispensable cash are now targeting at buying more gold, instead of luxurious residence or stocks, given the luxury tax.

Buying gold with cash is tax-free and a way of inflation-proof savings.

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