(Extracted from today's news)
Rush to buy gold as Indians consider May 8 an auspicious day
By Mogana Pillay, Channel NewsAsia Posted: 08 May 2008 1735 hrs
SINGAPORE : Many jewellery shops in Singapore saw brisk business on May 8, with many customers buying gold. The reason for the higher demand is that Hindus consider May 8 an auspicious day to buy the precious metal. Hindus all over the world are celebrating the Gold Festival called "Akshaya Tritiya". Most Hindus believe that if they take possession of gold on this day, they would be blessed for the rest of the year. Gold is the chosen metal as it indicates wealth and success, and is one of the safest investments. And customers seem undeterred by the surge in gold prices in recent months.
Hmmm....interesting...I didn't know that. Should have gotten myself a piece of gold for good luck!
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1 comment:
You cannot wear gold remember?? ;)
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