Media Centre

The Malaysia Gold Association (MGA) is aware of recent public discussions and media reports relating to the customs classification and import duty treatment of certain gold bullion products. MGA has not received any official notification from the relevant authorities regarding a nationwide policy change.

Following the official announcement of MGIP by MGA during the prestigious 3rd Malaysia Gold Conference 2026 earlier this year, the MGIP working group recently marked a new milestone with the commencement of a 2-day industry workshop.

Gold today is a strategic asset. It's no longer tactical. It should take up about 8% to 10% of your portfolio. David Tait shut down Credit Suisse's gold trading business when he was its global head of macro products group in 2014.

Fed succession shock triggers sharp correction, but institutional inflows and physical buying suggest the broader investment cycle remains intact.

The Malaysia Gold Association (MGA) officiated the 3rd Edition of the Malaysia Gold Conference (MGC) 2026 at the JW Marriott Hotel, Kuala Lumpur, with the official introduction of the Malaysia Gold Industry Principles (MGIP).

Malaysia is on a trajectory to become a global physical gold trading hub, supported by government policies, integrated precious metals ecosystem and the upcoming industry governance framework, MGIP.

Malaysia has a strong potential to emerge as a global physical gold trading hub, supported by a business-friendly policy environment, an integrated industry ecosystem and the upcoming MGIP.

The Ministry of Finance and State Taxation Administration of China recently announced changes to the gold market value-added tax (VAT) policies, effective from 1 November 2025 to 31 December 2027.

China is scrapping a long-standing gold tax incentive in a potential setback for consumers in one of the world's top bullion markets.

一、会员单位或客户通过上海黄金交易所、上海期货交易所交易标准黄金，卖出方会员单位或客户销售标准黄金时，免征增值税。

Malaysia Gold Association (MGA) has signed a Memorandum of Understanding (MoU) with Lao Bullion Bank (LBB) and the Gold Jewelry and Gem Association of Laos (LGA), marking the first-ever gold industry alliance between Malaysia and Laos.

In collaboration with the World Gold Council (WGC), the Malaysia Gold Association (MGA) took a significant step to advance the local gold industry by hosting a strategic engagement session.

In collaboration with the World Gold Council (WGC), the Malaysia Gold Association (MGA) has taken a significant step into advancing the local gold industry by hosting a Strategic Engagement Session.

With a revised sales tax framework — which will see luxury and discretionary items taxed at either 5% or 10% — Putrajaya has decided to do away with the planned high-value goods tax (HVGT).

The Malaysia Gold Association (MGA) is pleased to announce the appointment of independent institutional Shariah Advisory Board (SAB), which is the world's first.

Persatuan Emas Malaysia (MGA) mencipta sejarah apabila melantik sebuah Lembaga Penasihat Syariah (LPS) yang pertama di dunia bagi memperkukuh tadbir urus Syariah dalam keseluruhan ekosistem logam berharga itu.

The Malaysia Gold Association (MGA) has recently appointed its first Shariah Advisory Board (SAB), a significant step forward in providing Shariah governance and fostering greater confidence in Malaysia's gold industry.

Gold purchases will not be subject to the Sales and Service Tax (SST), says Datuk Johan Mahmood Merican. The government has decided not to tax gold purchases owing to investment, cultural and economic reasons.

Vietnam's gold market is poised for more competition and brands as eligible banks and enterprises will soon be permitted to import raw gold and produce gold bars.

The Malaysia Gold Association (MGA) successfully co-organized the Malaysia Gold and Jewellery Trade Exhibition 2025 (MGJE 2025) at the Setia SPICE Convention Centre.

With the shifting global trade landscape, there has never been a better moment to position Penang as a key player and even a leader in the regional jewellery industry.

Malaysia Gold Association (MGA) has co-organized the Malaysia Gold and Jewellery Trade Exhibition 2025 (MGJE 2025), with Province Wellesley Gold & Silver Ornament Merchants Association (PWGS).

The United Arab Emirates and Malaysia have signed a Comprehensive Economic Partnership Agreement (CEPA) during a ceremony witnessed by President His Highness Sheikh Mohamed bin Zayed Al Nahyan.

The Malaysia Gold Association (MGA) has called for the immediate cessation of and ban on the import, fabrication, and sale of "gold-wrapped silver" and similar gold-wrapped products.

The Malaysia Gold Association (MGA) noticed the rise of "gold-wrapped silver" products largely driven by social media platforms such as TikTok, recently. This has become an increasingly alarming trend.

Malaysia is the best gold trading hub especially for countries that are freshly entering the Southeast Asian market for the precious metal, said MGA president Datuk Seri Louis Ng.

Dato' Seri Louis Ng, President of MGA, was invited exclusively by China Gold Association (CGA) to speak at the prestigious 2024 China Gold Congress and Expo held in Shanghai.

The Indian gold industry has formed the Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory organisation (SRO) with the support of the World Gold Council.

The Singapore Bullion Market Association (SBMA) has launched the Retail Gold Investment Committee, in collaboration with the World Gold Council (WGC), to enhance trust and transparency in gold investments.

Despite eager anticipation within the business community for details on the high-value goods tax (HVGT), the Ministry of Finance (MOF) did not introduce the HVGT Bill in the current session of Parliament.

The Malaysia Gold Association (MGA) has recently hosted its 10th Annual General Meeting (AGM) to elect new board committee, to continue assisting local precious metals industry players.

Steeped in culture and history, gold jewellery is constantly in demand among the people in ASEAN countries. Malaysia has been predominantly a gold jewellery market for decades and a major exporter.

Malaysia Gold Association (MGA) has jointly organised the 2024 China-ASEAN Gold and Jewellery Trade Collaboration Forum with China Gold Association (CGA) and United Overseas Bank (UOB) of China.

The Malaysia Gold Association (MGA) has hosted notable global precious metals leaders and industry players from varied countries at the 2nd Edition Malaysia Gold Conference 2024 at JW Marriott Hotel.

Gold is expected to climb further to hit US$2,200 per ounce by the end of 2024, after jumping nearly 14% to an all-time high of US$2,077.49 at the end of 2023.

The Malaysia Gold Association (MGA) has hosted notable global precious metals leaders and industry players from varied countries at the 2nd Edition Malaysia Gold Conference 2024 at JW Marriott Hotel.

Persatuan Emas Malaysia (MGA) menganjurkan Persidangan Emas Malaysia di ibu negara pada 28 Februari 2024.

美元持续走强，为了减少波动冲击，我国政府再次提出要以黄金第纳尔作为外汇储备货币，经济学家乐见政府为减缓市场波动而再提出此类看法。

The government of Malaysia is actively exploring the idea of using the gold dinar as a reserve currency, Prime Minister Datuk Seri Anwar Ibrahim told parliament.

A research by Forex Suggest analysed global data on central bank gold reserves, consumer demand for jewellery, ETF holdings and demand per capita to find the biggest gold nations.

Malaysia's gold industry, which has only since recovered from the effects of the Covid-19 pandemic in 2023, is set to lose its shine again in the form of the impending luxury goods tax (LGT).

Singapore Bullion Market Association (SBMA) hosted the 6th Asia Pacific Precious Metals Conference 2023, where MGA President Dato' Seri Louis Ng spoke to 470 delegates from 25 countries.

Local gold traders, wholesalers and jewellers are concerned over the possible imposition of the Luxury Goods Tax on gold products, particularly gold jewellery, said the Malaysia Gold Association (MGA).

MGA representing the many voices of local gold business owners had conveyed their concerns to the authorities during a meeting with the Ministry of Finance and Royal Malaysia Customs Department.

Malaysia Gold Association (MGA) had recently hosted its 9th Annual General Meeting (AGM) to discuss the latest matters related to gold trading industry at Menara Public Gold.

According to Public Gold group founder and MGA president Datuk Seri Louis Ng, recycled gold is "good" because it is sustainable and does not cause environmental damage compared with new gold.

Malaysia Gold Association (MGA) has hosted the first ever Malaysia Gold Conference 2023 in Malaysia, graced by the presence of the Ambassador of the Republic of Kazakhstan to Malaysia.

Malaysia Gold Association (MGA) has organised and hosted the first ever Malaysia Gold Conference 2023 in Malaysia, graced by the Ambassador of the Republic of Kazakhstan to Malaysia.

The Malaysia Gold Association (MGA) team visited the National Metrology Institute of Malaysia (NMIM) to learn about the latest gold refinery and purity processes that comply with international requirements.

As the attacks in Ukraine intensify, there has been a $20.00/oz rally at the start of the Asia session with risk-off all around and higher commodities higher across the board.

The driver is oil and fears of global stagflation. Oil has surged 10% on Monday with the risk of the US and European ban on Russian products.

Russia's central bank said it would resume buying gold on the domestic market from Feb. 28, as it undertakes measures to ensure financial stability during Western sanctions.

The guide is for reporting institutions that are Designated Non-Financial Businesses and Professions in Malaysia to comply with requirements in the fight against money laundering and terrorism financing.

Bank Negara Malaysia (BNM) is proposing to set a cash transaction limit (CTL) of RM25,000 next year, as part of its initiative to continue curbing financial crimes.

Public Gold announces World's first Shari'ah-Compliant physical gold trading company.