APMEX's video: The Halloween Effect that Fuels Gold Demand Every Year

Every fall, a centuries-old tradition in India creates ripples across the global gold market. As families prepare to celebrate Diwali, the Hindu festival of lights, the demand for gold surges—pushing spot prices higher. But why does this cultural celebration have such a significant impact on gold prices year after year? In this video, we explore the deep cultural and religious significance of gold during Diwali, from its role in family legacies to its connection to the goddess Lakshmi. We’ll also look at the global economic implications of this demand, how it affects gold prices, and what analysts are predicting for the upcoming festival season. Don’t forget to like, subscribe, and share with a friend.   Browse on APMEX:  Gold Bullion ► https://www.apmex.com/category/10000/gold Silver Bullion ► https://www.apmex.com/category/20000/silver-bullion Gold & Silver Prices► https://www.apmex.com/gold-and-silver-price-charts APMEX® App► https://www.apmex.com/the-apmex-app Visit the Knowledge Center at https://learn.apmex.com to learn all about precious metals, with content for beginners and experts.  APMEX is one of the largest and most recognized precious metals retailers in the United States, selling physical gold, silver, platinum and palladium bars, rounds and coins. APMEX has been in business for over 20 years, has done over $18BN in retail customers sales, has over 2MM customers, and has over 25,000 products in stock. To learn more, visit APMEX.com or call (800) 375-9006.  LET'S CONNECT   Instagram ► https://www.instagram.com/apmex Facebook ► https://www.facebook.com/apmex Twitter ► https://www.x.com/apmex APMEX ► https://www.apmex.com Contact Us ► https://www.apmex.com/faq