Fewer giving gold as gifts at weddings


GEORGE TOWN: Weddings were always times when parents, siblings, friends and relatives would present marrying couples with gold jewellery.

Not anymore. Now, only parents and siblings still continue to grit their teeth and buy gold jewellery for newly-weds. Friends and relatives prefer cash packets.

Property agent Alex Ong, 43, who got married recently, said he kept up with the tradition of presenting and exchanging gold jewellery with his wife due to the cultural and emotional significance.

“My wife and I bought gold rings for each other, but we kept within our budget. My mother presented me with a gold necklace and got my wife a bracelet.

“My in-laws also presented us with a bracelet each,” he said, adding that they prefer gold to diamonds.

“About 20 years ago, relatives and even good friends would present newly-weds with gold jewellery. In recent years, they are just giving cash in ang pows due to the high gold prices.

“There are also concerns that the couple might not like the design of the gold jewellery,” he said.

ALSO READ: Gold burns a hole in the pocket

Wedding planner Beverlyn Tan said the tradition of gifting gold jewellery during weddings has slowed down due to the high price.

“Many years ago, gold jewellery was part of the betrothal ceremony, with a set typically comprising a necklace, earrings and either a bracelet or bangle.

“However, only the wealthy do that now. Modern couples, especially the younger ones, are prioritising the tradition of the tea ceremony over gold jewellery,” she said.

Nam Loong Jewellers third- generation owner Philip Thong said the cost of pure gold has surged from RM335 per gramme in January to RM385 per gramme in April.

“Apart from rings, traditionally, couples would include bangles, necklaces and bracelets as ceremonial gifts.

“These items can range from RM2,000 to over RM30,000 per piece.

“However, the escalating price of gold has seen demand fall these days. Only those deeply committed to upholding traditions are willing to splurge. Most prefer to spend on banquet expenses instead,” he said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Grab standardises PayLater interest rate at 1.25% monthly from March 9
MyNIISe use at entry points not compulsory for all, says Deputy Home Minister
Doctor's duty of care remains, says MMA over claims of credentials lease to prescribe weight-loss medications
MACC tracking down Rafizi's ex-aide
Perak: Two die, two injured in separate crashes
Woman, 72, and son found dead in locked Penang apartment
Hajiji calls on investors from China to explore opportunities in Sabah
PKR assemblyman Fahmi appeals to top leadership over suspension
Yayasan Keluarga Malaysia has no affiliation with Keluarga Malaysia Party, says foundation chairman Ismail Sabri
PM Anwar withdraws appeal over bid to refer eight questions of law to the Federal Court

Others Also Read