, people are actually starting to buy gold bars. The jewelers from Asia have started their own gold rush and Indians are trying to buy as much gold as they possibly can because the wedding season starts in April. Jewelers from Indonesia and Thailand have also started to buy large amounts of gold. Also, Hong Kong consumers from the electronics sector returned to the market.
For now, the "hottest" buyer is considered to be Thailand. The wedding season celebrations make the jewelers stock up for weeks in advance. It is a traditional and common gift in India, during the religious events, to give golden jewelry.
Gold bars are running out for the Singapore dealers and they don't have enough time to replenish the stocks. Dealers usually get their supplies from refiners in Switzerland. The demand from Asia has been even stronger then usual now that the Easter Holiday is coming. This means that the Swiss refineries will be closed for a couple of days.
And the orders have increased after the Chinese New Year. It is known that gold attracts more investors than usual in these times of little prosperity. Investing in gold during these times is the best thing that one could do. Purchasing gold is the best way to secure part or all of your savings.
Everybody around the world is more and more interested in investing n gold. Gold is a secure investment and people are starting to realize this and this is why they are investing in this precious metal. So if you are interested in investing in gold you should do it right now and not give this another thought.