* . * . . .
  • About Us
  • Our Authors
  • Contact
  • Legal Pages
    • Privacy Policy
    • Terms of Use
    • DMCA
    • Cookie Privacy Policy
    • California Consumer Privacy Act (CCPA)
No Result
View All Result
Saturday, August 2, 2025
Asia News
ADVERTISEMENT
  • Afghanistan
  • Armenia
  • Azerbaijan
  • Bahrain
  • Bangladesh
  • Bhutan
  • Brunei Darussalam
  • Cambodia
  • China
  • Cyprus
  • East Timor
  • Georgia
  • India
  • Indonesia
  • Iran
  • Iraq
  • Israel
  • Japan
  • Jordan
  • Kazakhstan
  • Kuwait
  • Kyrgyzstan
  • Lao PDR
  • Lebanon
  • Malaysia
  • Maldives
  • Mongolia
  • Myanmar
  • Nepal
  • North Korea
  • Oman
  • Pakistan
  • Philippines
  • Qatar
  • Saudi Arabia
  • Singapore
  • South Korea
  • Sri Lanka
  • State of Palestine
  • Syria
  • Taiwan
  • Tajikistan
  • Thailand
  • Turkey
  • Turkmenistan
  • United Arab Emirates
  • Uzbekistan
  • Vietnam
  • Yemen
No Result
View All Result
Asia News
No Result
View All Result

Festive Flourish: How Celebrations Ignite Demand Across Asia!

by Miles Cooper
October 4, 2024
in Asia
Share on FacebookShare on Twitter
ADVERTISEMENT

Table of Contents

Toggle
  • Gold ‍Demand Trends During Dussehra and ​China’s National Day
    • Shifts‌ in Purchasing Behavior
    • The Situation in China
      • Acknowledged Industry ⁢Leaders
      • Cautionary Notes for Investors

Gold ‍Demand Trends During Dussehra and ​China’s National Day

[ad_1]

The upcoming Dussehra celebration in India ⁣coinciding with China’s⁣ Golden Week⁤ is ​prompting analysts to anticipate a temporary‌ uptick in gold demand across Asia. Despite ​this optimism, rising gold prices have led many consumers ​to⁣ hesitate. ‍An⁤ Indian jeweler⁤ shared with⁤ Reuters,‌ “Retail interest is beginning ‍to ⁤rise as​ we approach Dussehra, but overall⁤ purchases remain significantly below historical levels due to the present price surge.” Celebrated on October 12, ‍Dussehra carries immense‍ cultural⁢ importance in‍ India and ‌traditionally boosts gold⁤ buying.

Shifts‌ in Purchasing Behavior

Recent​ trends ‌indicate that buyers are increasingly​ gravitating towards sovereign gold bonds issued⁣ by the Indian government instead of physical gold. ​These‍ bonds not only offer an annual return of ​2.5%‌ but also benefit from ​the general‌ price ⁢appreciation of gold over ​time.

The Situation in China

With Chinese markets closed for the⁣ Golden Week festivities, potential buyers looking for gold must‌ turn to local physical markets. Gold has long ‍been regarded as a preferred​ gift item across⁢ both China and India due⁤ to deep-rooted cultural traditions.

Interestingly, while demand remains stagnant for physical purchases ⁢of⁤ gold ⁤during this period ‍in Hong Kong — where Golden Week is not celebrated — ⁣Singapore reflects similar tendencies according to industry expert Brian Lan from GoldSilver⁢ Central.

Acknowledged Industry ⁢Leaders

Augusta Precious ⁣Metals:

⁣ ​ Recognized ⁤as “Best Overall” ⁤by Money Magazine for‌ six consecutive years, ‍Augusta Precious Metals​ has established ⁢itself through‌ exceptional⁣ client service and transparency. The ⁣company has received ⁣numerous⁣ accolades including an A+ rating ⁢from BBB.

Goldco:

With ⁣over $2 billion placed into precious ‍metals by thousands of Americans through Goldco’s expertise—which maintains ​an A+ rating with BBB—investors trust their services which include ⁣direct ⁢sales and IRAs backed by strong ​customer satisfaction metrics.

American Hartford Gold:

‌ As one ‍of Inc. 5000’s ‌top-ranking companies specializing in precious metals, American Hartford Gold supports wealth diversification⁤ for families while consistently delivering competitive pricing on⁤ high-quality coins alongside robust customer service options.

Cautionary Notes for Investors

This article serves solely‍ as informational content; it does ​not ⁢constitute financial advice‌ or investment recommendations from The ⁢Jerusalem ⁢Post (JPost.com). We encourage readers to assess their personal ​financial circumstances alongside investment objectives prior to making any decisions regarding market activity. Consulting a qualified financial advisor is highly‍ advisable before embarking on ⁣any ​investments that⁤ could carry ​risks associated with changing market conditions.

[ad_2]

Tags: AsiaAsiaNewscelebrationsconsumer trendscultural eventsdemandeconomic impactFestivalsfestive marketingholiday season

Denial of responsibility! asia-news.biz is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected].. The content will be deleted within 24 hours.
ADVERTISEMENT
Previous Post

Exclusive: North Korean Hackers Unleash ‘Stealthy’ New Malware on Southeast Asia

Next Post

Unveiling Asia’s Thrilling Whisky Auction Trends: Insights from Fah Mai – Don’t Miss Out!

Miles Cooper

A journalism intern gaining hands-on experience.

Related Posts

India-US trade deal standoff: Will Trump’s 25% tariff push turn the American dream into a pricier gamble – The Times of India
Yemen

India-US Trade Deal Standoff: Could Trump’s 25% Tariff Turn the American Dream into a Costly Gamble?

July 31, 2025
Revitalising ASEAN: Strengthening Conflict Resolution For Regional Stability In Southeast Asia – OpEd – Eurasia Review
Asia

Revitalizing ASEAN: Enhancing Conflict Resolution to Secure Lasting Stability in Southeast Asia

July 31, 2025
Trump says US will work with Thailand and Cambodia, adds both ‘want to settle’ – Reuters
Thailand

Trump Announces US Collaboration with Thailand and Cambodia, Highlights Mutual Desire to Settle Issues

July 30, 2025
What the Failed Recall in Taiwan Means for U.S.-Taiwan and Cross-Strait Relations – Council on Foreign Relations
Taiwan

What the Failed Recall in Taiwan Reveals About U.S.-Taiwan Ties and Cross-Strait Relations

July 30, 2025
Oman LNG signs LNG optimisation pact with Vitol Asia – Oman Observer
Oman

Oman LNG and Vitol Asia Join Forces to Boost LNG Optimization

July 30, 2025
Rise Of Resistance – The Rising Nepal
Yemen

Rise of Resistance: A Powerful Movement on the Rise

July 30, 2025
ADVERTISEMENT
India-US trade deal standoff: Will Trump’s 25% tariff push turn the American dream into a pricier gamble – The Times of India
Yemen

India-US Trade Deal Standoff: Could Trump’s 25% Tariff Turn the American Dream into a Costly Gamble?

by Ethan Riley
July 31, 2025
0

The India-US trade deal is on edge as Trump's push for a 25% tariff threatens to derail negotiations. Experts caution...

Read moreDetails
Revitalising ASEAN: Strengthening Conflict Resolution For Regional Stability In Southeast Asia – OpEd – Eurasia Review

Revitalizing ASEAN: Enhancing Conflict Resolution to Secure Lasting Stability in Southeast Asia

July 31, 2025
Trump says US will work with Thailand and Cambodia, adds both ‘want to settle’ – Reuters

Trump Announces US Collaboration with Thailand and Cambodia, Highlights Mutual Desire to Settle Issues

July 30, 2025
What the Failed Recall in Taiwan Means for U.S.-Taiwan and Cross-Strait Relations – Council on Foreign Relations

What the Failed Recall in Taiwan Reveals About U.S.-Taiwan Ties and Cross-Strait Relations

July 30, 2025
Oman LNG signs LNG optimisation pact with Vitol Asia – Oman Observer

Oman LNG and Vitol Asia Join Forces to Boost LNG Optimization

July 30, 2025
Rise Of Resistance – The Rising Nepal

Rise of Resistance: A Powerful Movement on the Rise

July 30, 2025
Trump travel ban hits immigrant family coming to U.S. amid bloody civil war in Myanmar – NBC News

Trump Travel Ban Strands Immigrant Family Fleeing Myanmar’s Bloody Civil War

July 30, 2025
Maldives, But Make It Magic: 9 Dream Escapes to BookNow – Harper’s Bazaar Arabia

Maldives, But Make It Magic: 9 Dream Escapes You Need to Book Now

July 30, 2025

Rubio and Wang Emphasize Cooperation Amid Rising US-China Tensions Following Malaysia Talks

July 30, 2025
US pressures Lebanon to disarm Hezbollah before Israeli withdrawal: Report – PressTV

US Demands Lebanon Disarm Hezbollah Ahead of Israeli Withdrawal

July 30, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    

Tags

Asia (1645) AsiaNews (1069) Asia Pacific (354) bilateral relations (336) Central Asia (590) China (583) Conflict (456) Conflict Resolution (416) diplomacy (1331) diplomatic relations (313) economic development (545) Economic Growth (314) economic impact (280) Foreign Policy (873) geopolitical tensions (273) Geopolitics (1044) governance (348) government (274) human rights (710) India (431) international relations (2802) international trade (341) investment (471) Iran (288) Israel (380) Japan (298) Middle East (1116) news (724) Pakistan (277) Politics (367) Regional Cooperation (278) Regional Security (274) regional stability (485) Reuters (316) security (377) South Asia (377) Southeast Asia (986) sports (354) sports news (539) sustainable development (294) Technology (285) tourism (430) trade relations (348) travel (414) Trump (282)
  • About Us
  • Best Asian Daily Information Website
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Our Authors
  • Privacy Policy
  • SiteMap
  • Terms of Use

© 2024 https://asia-news.biz/

No Result
View All Result
  • About Us
  • Best Asian Daily Information Website
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Our Authors
  • Privacy Policy
  • SiteMap
  • Terms of Use

© 2024 https://asia-news.biz/

No Result
View All Result
  • About Us
  • Best Asian Daily Information Website
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Our Authors
  • Privacy Policy
  • SiteMap
  • Terms of Use

© 2024 https://asia-news.biz/

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version

1 - 2 - 3 - 4 - 5 - 6 - 7 - 8

. . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ - - - - - - - - - - - - - - - - - - - -