Feng Shui Experts Predict a Fall in the Gold Price
EzyCash Gold Buyers is always keeping an eye on the price of gold, so that when you bring in your scrap gold and unwanted gold jewellery for an expert valuation, they can give you a top cash price for your gold.
There are many factors that are affecting the gold price. While the price of gold was once scaling the heights US$2000 per troy ounce, it is now hovering between US$1500 and US$1700 per troy ounce of gold.
The US dollar, the Eurozone crisis and the demand for gold in huge economies such as India and China all has an affect on the price of gold.
But now, according to Feng Shui experts, the Chinese Year of the Dragon is destined to affect the price of gold as well.
One nation’s love for gold
EzyCash Gold Buyers buys scrap gold, broken gold and unwanted gold for a top cash price. Bring your gold into EzyCash Gold Buyers in Panmure, Auckland for an expert valuation on your gold.
EzyCash Gold Buyers specialise in buying 22 carat gold. 22 carat gold has special significance in India– the world’s biggest consumer of gold.
The carat weight of a piece of gold refers to how much pure gold is present in the gold. A piece of gold that is 99.9% pure gold is referred to as 24 carat gold.
In India, 22 carat gold is seen as the most pure form of gold available. This was first acknowledged in the late 1980s and refers to the fact that pure gold loses some of its purity after melting, leaving it at 91.67% pure gold, or 22 carats.
India has a long standing relationship with gold. In Western countries it’s often a dream to own your own home, but in Indian culture it’s a dream to own gold. Continue reading
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