Gold sales hit new peak during Spring Festival

时间：2007-02-25 01:07:30

（单词翻译:单击）


A man selects a golden ornament1 at a jeweler's in Guangzhou in south China during the Spring Festival holiday. [Photo: Guangzhou Daily]
 
Feb.24 - The city of Guangzhou in south China is buying gold like crazy this Spring Festival holiday, with a record nearly 8 tons in the form of jewelry2, gold bars, coins and ornaments3 needed to meet the demand.

 

A local newspaper reported the price for gold continued its upward trend on the international market, hitting a 26-year high at 670 US dollars an ounce recently. But, this is apparently4 not enough to curb5 the increasing enthusiasm among consumers in Guangzhou to purchase the precious metal.

 

The report said jewelry stores in Guangzhou have been filled with people since the Spring Festival holiday began last Sunday. Gold bars and golden goods designed especially for the festival are the most popular in shops. As of Thursday, people have bought a total of 7.82 tons of gold in the city, breaking the record of 7.78 tons set in 2002. According to calculations, this volume could cover 100 square meters.

 

Some consumers believe golden merchandise is a good investment, while others hope for good fortune by wearing golden accessories.

 

Gold is also important as people look towards the marriage and baby booms expected for 2007.

 

However, experts have warned consumers that the Spring Festival holiday is not a good time to purchase the precious metal, as its price is much higher than usual. Furthermore, as the price for gold may recoil6 after the holiday period, people may then be able to purchase golden goods recommended by authorities on the market for much cheaper.

 

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1 ornament u4czn     
v.装饰，美化；n.装饰，装饰物
参考例句：
  • The flowers were put on the table for ornament.花放在桌子上做装饰用。
  • She wears a crystal ornament on her chest.她的前胸戴了一个水晶饰品。
2 jewelry 0auz1     
n.（jewllery）（总称）珠宝
参考例句：
  • The burglars walked off with all my jewelry.夜盗偷走了我的全部珠宝。
  • Jewelry and lace are mostly feminine belongings.珠宝和花边多数是女性用品。
3 ornaments 2bf24c2bab75a8ff45e650a1e4388dec     
n.装饰( ornament的名词复数 )；点缀；装饰品；首饰v.装饰，点缀，美化( ornament的第三人称单数 )
参考例句：
  • The shelves were chock-a-block with ornaments. 架子上堆满了装饰品。
  • Playing the piano sets up resonance in those glass ornaments. 一弹钢琴那些玻璃饰物就会产生共振。 来自《简明英汉词典》
4 apparently tMmyQ     
adv.显然地；表面上，似乎
参考例句：
  • An apparently blind alley leads suddenly into an open space.山穷水尽，豁然开朗。
  • He was apparently much surprised at the news.他对那个消息显然感到十分惊异。
5 curb LmRyy     
n.场外证券市场，场外交易；vt.制止，抑制
参考例句：
  • I could not curb my anger.我按捺不住我的愤怒。
  • You must curb your daughter when you are in church.你在教堂时必须管住你的女儿。
6 recoil GA4zL     
vi.退却，退缩，畏缩
参考例句：
  • Most people would recoil at the sight of the snake.许多人看见蛇都会向后退缩。
  • Revenge may recoil upon the person who takes it.报复者常会受到报应。

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