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Submitted by moiuser on 30 September 2021

YANGON Region Gold Entrepreneurs Association will sell 20 visses of gold (20 packs) per day, according to the decision of an executive meeting of the Yangon Region Gold Entrepreneurs Association (YGEA) held yesterday.

Gold entrepreneurs – Zwe Htet, Academy, Aung Thamardi and U Ayeya Soe Naing (gold merchant) will sell five visses each of gold each per day in the Yangon gold market.

Due to the skyrocketing forex rate of the US dollar outside No Product Name Pack Size Price in Kyats (Retail) Company Name Supportive 1 Injection Omeprazole 1g/Vial 1,050 Aorta Antibiotics 2 PO - Azithromycin 500 mg 5x3’s 4,000 Rammawaddy 3 P.O - Cefalexin 500 mg Box of 10x10’s 6,100 Aorta 4 P.O - Levofloxacin 500 mg Box of 10x10’s 7,000 Shwe Htay Min 5 P.O.Cefixime Box of 3x10’s 3,600 Aorta 6 P.O Amoxicillin+ Clavulanic Acid Box of 1x6’s 1,800 Aorta 7 Injection - Levofloxacin 500 mg 1x1 3,000 Yadanar 8 Injection - Ceftriazone 1G 1’s 700 KCL 9 Injection - Cefoperazone and Sulbactam 1G Vial 4,900 Ready Medicine 10 Injection - Cefoperazone and Sulbactam 2G Vial 9,300 Ready Medicine PLEASE visit the Website (www.mccpmd.org) and Facebook Page https://www.facebook.com/ 32330252139 2189/ posts/ 1720802588308835/ ?d=n to know the prices of other medicines. Prices list of medicines commonly used against COVID-19 till 29-9-2021 September and the high demand for gold, Myanmar gold price increased from K1,930,000 to K 2,220,000 per tical, going up by K290,000 by four days, elaborated YGEA Chair U Myo Myint on 28 September. After the decision of the Association came out on the evening of 29 September, when the market closed, the price of Academy Gold was K2 million while the world gold price was at 1,740 per ounce.

The price of gold traded in the market is based on the dollar exchange rate, the world gold price, as well as supply and demand. It is learned that there is no price set by the Yangon Region Gold Entrepreneurs Association.

Myo Min Thura

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