Penang’s Gold and Jewellery Trade: A Generational Shift is at Hand

By William Tham

November 2021 FEATURE
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After passing through multiple hands, a single pendant finally comes together. Photo by: KOMTAR Gem and Jewellery Design.
THE SUDDEN MARCH rush to buy gold took even Penang’s seasoned jewellers and goldsmiths by surprise. A few timely factors had converged, such as the loosening of some of the stricter regulations of the second MCO, the i-Sinar programme introduced to help citizens afflicted by the pandemic-induced recession, and the general loss of income leading to their right to withdraw money from EPF savings. But most importantly, as pointed out by Teh De Jack, a third-generation jeweller at KOMTAR Gem...

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William Tham

His novel, The Last Days, is set in 1981 and covers the continuing legacy of the Malayan Emergency. He is currently an editor-at-large with Wasifiri and also an MA candidate at Universiti Malaya.