Astrology In The Mainstream: “Year of the Golden Pig” helps boost gold demand to a record dollar level in Q1 2007
Outtakes and Various Other Sundries…
In April it was reported that Indians rushed to buy gold during the days of the Akshaya Tritiya festival.
Here’s another report of increased demand for gold due astrology from Mineweb:
“Year of the Golden Pig” helps boost gold demand to a record dollar level in Q1 2007
Rhona O’Connell writes:
“It is well established in Chinese Astrology that the Golden Pig is one of the most auspicious years for wealth and marriage. The World Gold Council notes in its latest Gold Demand Trends publication that Chinese consumer demand for gold was up by 31% over the first quarter of 2006, as the Chinese “flocked to buy gold jewelery and commemorative “Lucky balls”, especially around the Chinese New Year in mid-February…”
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