diwali
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This Week in Gold: The Growing Global Appetite for Precious Metals
- October 24, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
No CommentsThis week in gold, we saw evidence of the global appetite for gold that just seems to keep getting bigger. Gold buying in India rebounded as the Diwali holiday began, Switzerland is deciding whether to drastically increase its gold reserves, and Russia made its largest gold purchase in over 15 years. Bloomberg also reported that more speculators
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India’s festive love affair with gold shines as Diwali holiday begins
- October 21, 2014
- Posted by: Orkan Ozkan
- Category: News
The ancient Hindu festival of Diwali, also known as Deepavali or the “Festival of Lights”, began on Tuesday and has sparked a gold buying rebound in India. Dhanteras, the first day of the five-day festival, is a major shopping day for gold and silver items. In terms of consumer purchases, Diwali is considered the Indian equivalent
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Seasonal Demand: Why is September Important for Gold?
- September 3, 2014
- Posted by: Orkan Ozkan
- Category: Gold
September has historically been a good month for gold. Why is this? Gold is not a food crop, it doesn’t have seasons…or does it? Gold has strong cultural value as well as monetary use. It was first valued for its luster and aesthetic beauty when it was discovered over 5,000 years ago. This still holds true across
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