Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) at the Ly Hour exchange on Tuesday, a drop of 24.5 percent compared with January 3, when the price quoted at the exchange was $2,040. A member of staff at Phnom Penh’s Ly Hour exchange, who declined to give her name, said that the local price drop was due to the international
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