Maungdaw, Sept. 19, 04: "Gold price continuously rising in local market and the local people fear the price for the first time in the country?s history may cross Kyat 2,30,000 in a Tical (1 Tical = 17.49 gm) within a few months, said a goldsmith from Maungdaw Town. Local people attribute the price hike mainly to rising international prices coupled with the rising domestic demand. A Tical of gold now sells at Kyat 2,30,000 which was Kyat 1,80,000 only two weeks ago. The price of gold was only Kyat 1,70,000 per Tical in January 2002. In early 2003, the price crossed Kyat 1,80,000 and late 2003 it suppressed Kyat 2,90,000, he further said..."