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Kelantan Issues Gold Panning Licenses for Economic Relief

1/5/2026

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Story summary
  • The Government of Kelantan began issuing licenses for small-scale gold panning on January 1, aiming to support low-income residents as gold prices stay high.
  • Kelantan is one of Malaysia's poorer states with a largely rural population and limited industrial development.
  • The state government emphasizes balancing economic relief with safety and environmental controls.
  • Gold prices recently reached approximately 565.77 ringgit per gram (US$120), after global prices peaked at US$4,549 per ounce before declining.