VOICED: Mideast turmoil boosts Asian jewellery trade

The video discusses how political unrest in the Middle East has led to increased gem prices as investors seek safe havens. In Myanmar, political changes, including the release of Aung San Suu Kyi, have not significantly impacted the jade market, which remains strong due to demand from China. China's booming economy continues to drive high jade prices. The video predicts a bright future for the gem market, with potential growth due to global political uncertainty and increasing demand for portable wealth.

How has political unrest in the Middle East influenced the prices of gold and silver?

• It has caused prices to drop significantly.

• It has led to record highs as investors seek safe havens.

• It has had no impact on the prices.

• It has stabilized the prices.

What is the general sentiment of jade dealers in Myanmar regarding the easing of sanctions?

• They are optimistic about a significant impact on their business.

• They think it will cause a surge in demand from Europe.

• They believe it will lead to a decrease in jade prices.

• They are skeptical about any major effect on their business.

Why is the demand for jade in China expected to remain strong?

• Because it is a new trend among young people.

• Due to its historical significance and the strong Chinese economy.

• Due to government subsidies for jade purchases.

• Because of its declining value.

What is the potential growth rate for the jade market according to traders?

• No growth expected

• 30% annually

• 10% to 20% annually

• 5% annually

What is the main reason for the high demand for portable property like gems?

• Decreasing real estate prices

• Government incentives

• Political uncertainty and booming wealth in China

• Increased tourism