Wednesday, September 24, 2008

Indian Gold Demand Increase Price?

The Indian wedding season is coming up, and we will soon see a surge in demand for gold.

Indians have a special affinity for gold that is not deterred by the current pricing. However, many are asking the question of whether its better to buy now, or wait until the U.S. financial crisis calms down.

From October to January, and again from April to May is the Indian wedding season. Traditionally, gold is given to Indian brides, as it is representative of times when a woman’s jewelry was the only commodity of worth that a woman had. Brides are married with thick gold chains as part of their bridal dressing that represents security. India, the world’s largest gold consumer at about 30 percent, imports quite a bit of gold for over 10 million marriages a year.

Gold is a great asset right now. Get top dollar for your old or broken gold jewelry! Visit to see the prices we pay for your old gold.

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