Jakarta, May 29 -- The Ministry of Industry has emphasized that the national jewelry industry continues to show strong market potential amid rising precious metal prices, which have driven increased public interest in gold bullion investment.

In a statement issued on Friday, Industry Minister Agus Gumiwang Kartasasmita said the surge in gold bullion prices has indeed boosted public interest in precious metal investments.

"People will continue to buy gold, silver, precious stone, and gemstone jewelry because these products serve two functions, namely as investments and as accessories that can be worn and collected," the minister said.

Kartasasmita noted that data from the World Gold Council showed global demand for gold bullion rose to ...